Updates: DE, RHAT, BBY, DBD, PETM...

We must be having a bullish run!

Today, I was triggered out of DE. I was close to break even, which is too bad because at some point I had a $500 paper profit on that trade. In retrospect, I did recognize the bottom (at the time PETM was bottoming too), but decided to give this a chance. The lession, I think, is that falling stocks DO have their strong snap backs and you are better off exiting when you sense there is a bottom.

AMLN, on the other hand, continues to rock. Here, again, is the opposite. When A stock takes on a bulish run, it is hard for them to snap back. This is why, once you identify a winner, it is important to just let it run while upgrading the contingency order.

RHAT and AKAM are my next trades. I have been trying to get into RHAT at a good price. AKAM is too bullish right now, I think I can wait for a slow down.

I am also keeping an eye on previous bearish trades (BBY, DBD, PETM, RRGB). These could top out once this bullish run is over. At the very least, I will have some candidaes to look at.

I will report back if and when my RHAT order fills.