6/16/15

Nice short day today. Made $170 on $AAVL and left the computer so I wouldnt give any of it back. Once I saw a lower high from that 19.45 level I entered a short position at 19.25 with a stop at 19.36. I covered half at 19 and then the rest at 18.82. Of course by looking at the chart now I just wana kick myself for leaving the computer and missing the short entry on the next pop towards 19.45, it would have been very profitable seeing as how the stock ended up dropping to 17 after that. When I first saw the chart today though I saw how it was down from 40 to 19 in just a couple hours so I didnt think it would go down that much more. Guess I was wrong. Atleast Im not the CEO of this company who ended up losing a little over $24 million today! ouch.