Making up for RIMM

Wednesday morning I was caught holding RIMM calls and got murdered. I held for the bounce which didn't come, didn't come, didn't come sh..so I sold. Then it bounced. I did not feel bad about that as I do have rules. After all it was quite a bit lower than 8% where I had bought it. I got some SPY puts to try and staunch the bleeding. It helped a little.

Today would have been a great day, had it not been for RIMM yesterday. Sold my SPY puts midday and NFLX calls EOD for a nice profit.Still didn't make up for yesterday, but nice nevertheless.

I do have to say, despite the RIMM disaster, I have been doing well lately. Twitter, or stocktwits in particular, has been a godsend. All the books, the classes, the Internet sites, and so called "gurus" haven't come close to the trading/investing knowledge I have gained from Stocktwits. Even news comes across here faster than anywhere. All those eyes scanning the stock and news universe all day and at once. Incredible. I think they should set up a paypal donation system so the founders, Soren Macbeth and www.howardlindzon.com can get some money for their genius.

I am still closely watching TTEK and probably should have got some today.

Never been here but it looks beautiful.