mixed day for me... covered PTEN for a nice loss--trying to catch a direction yesterday and into today was futile, i should've noticed the range after the extensive workup... (the fed call + energy report = range trade, non-directional) my problem is that i had PTEN long from $18.65 to $27.15(i scaled in and out but held at least 1/2 my line); after my last sale i set a time factor into mid-may and didn't abide by it...foolish mistake long HOT now alex
true. i'm looking for weak hands; not going to stay too long. all b/c of REVPAR, this last spike down...earnings were great and guidance is strong. thx alex