Just missed on our limit order of STEC (STEC) - the low of the day yesterday was $28.48 and our limit buy was $28.25. [Sep 18, 2009: Will STEC Fill its Gap?] Today the stock is back in the low $30.00s; looks like $28.50 was the magic number in this case.

I also had a buy limit order in Fuel Systems Solutions (FSYS) at $31.25, fell to $32.88 yesterday... up 10% today. Grrr...

This is a market that forces you to chase after stocks...

For the overall market, its a very simple binary world right now. If the dollar is down, risk assets rise across the world. If the dollar is up, risk assets stagnate (or once in a blue moon fall). With all these PhDs programming quant programs you'd think they'd come up with something a bit more sophisticated than that, but really that is all the market has turned into... an and if statement. How lame.

No positions