Beyond late...

Hope nobody was expecting real-time posting. This week was unbelievably busy with Valentine's Day and tons of work. So, I am just getting time to post a trade I made on the 14th, SYY. A little commentary on the trade. Stock looking good in the AM until a huge block hit (~300k shares) and was filled without affecting the price. Following which the price drifted down. I interpreted the price action to be the distribution of that block, so figured the stock would stop dropping as soon as that block was covered. Sure enough, the stock appeared to resume rising, in tandem with the market, so I went in. My notes:

SYY:

As of today (5:30 pm EST), I am up 1.2% and have move my stop loss to break even. HHS is still rising, stop loss is current +4%.

For now,
Masterjaz out