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It waqs an obvious sell, if for no other reason than to be safe, a 52% rally in one day, c'mon, those are always followed by sell offs.That said, I bought no puts.Day trading is a learned art form, for me, I'm much happier to be in late and out early, which I was on DMND.Why I didn't trade SINA on Friday, I was holding DECK from Thursday, sold in the afternoon and went into MYL.MYL is more of a swing not a trade, it should go to 25ish soon, sector rising, stock rising on higher vol, leader in the field, climbing the right side of the base....etcI need to be versitile and let the market give me instructions.Observation is the best tip of all - jesssie livermore - 1923
“If you wait until you have the reason given, you will have missed the opportunity of acting at the proper time! The chances are that you will not become acquainted with that reason until some time in the future, when it is too late to act on it profitably.” -Livermore
xxxxx I need to be versitile and let the market give me instructions. XXXXXThe market will always fool people like you and me.XXXX Observation is the best tip of all - jesssie livermore - 1923 XXXXXObservation is not the exact science and the tip is like a guessing game sometime right and sometime wrong.