Bumps In The Road

Life intervenes and I will be posting less the next fews days as we have numerous appointments.

Auto part mfgrs 10.15.09I did take a position in ORLY late last night on a reversal with increased volume.  Many of its peers seem to be following in suit.   AN had huge Call volume today so if you’re looking for something with legs right here, take a look at Specialty Retail.

(edit) As a footnote I was stopped out on my BX short when suddenly someone decided to sell some high volume Oct17 Calls but I noticed that volume has already dropped back to its previous low level.   Funds just don’t want it here.  I may elaborate more later however suffice it to say that social media can help us, or drive a stake through our heart.  Se la vie.

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