Down $103 for the day and $1268 overall.

The good news is that I finally got out of my small CFC position. I can almost guarantee that it will go up tomorrow… but at least it’s one less thing I have to worry about.

CDS was up and down on very little volume. I think the world has forgotten about this stock. I wish I could. I’m still holding.

As I mentioned in this morning’s post, I was keeping an eye on CTDC and CSUN. I was right in my prediction and glad I stayed away from CTDC. It tanked today… until about 2:30p when it broke out into the green. In the end, it closed a smidgen higher than yesterday.

CSUN, was a roller-coaster ride. It spiked then settled, then spiked again and settled, signaling to me that the next spike was a good wave to catch. So I bought in at $18.41… which really is pretty high, but I thought a good entry point for what I was expecting to follow. I also decided on this trade that I would play it a bit less conservative and not sell at the first small-profit-taking opportunity. Instead, I was going to wait for a big end-of-the-day rally. Unfortunately, the DOW dropped big at the end of the day and the rally never came.

However, the price never dropped below my risk threshold, so I didn’t sell. I do fear that it will follow CTDC and tank in the morning, but we’ll see.