Stops tripped left and right.

Late yesterday and early this morning, several of my positions were autostopped. Two were ill-timed new positions and quickly reversed to the downside. So as for BKE, that's what I get for sticking my nose in sissy retail. And as for SWN, bad-timing equals flat out wrong.

Three others (SNCR, FWLT, ATLS) were pullbacks from their 52-week highs as their trailing stops were finally hit after good moves since April.

FLIR hasn't done much but as you saw, having that 39.55 stop allowed you to stay in the position all the way to a return to 41.50. We still have our shares, but be prepared to jettison at the stop price.

PALM has done surprisingly well and it's time to move the stop to breakeven.

So what does one do with 40% cash? Maybe I'll take a look at the Ultrashort ETF's on the next entry. One of the traders caught this move perfectly on the close Mon, and is riding this move for all its worth.