Once again the market took a thrashing today. I lost less than $SPY, that's about the only positive thing to say about today.
Because $YHOO actually held up, I'm going long. It's low probability and low risk. Like $BKW, but Burger King had acted weak for many days, and I really thought it would hold up once it got down here, but it did not.
$DIS was a name I held after revising it's stop, and now I get to pay for that. It's such a great company, but for now the action in it's stock is bearish.
October 09, 2014
Exiting $DIS and $BKW - Entering $YHOO
Adam
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