S2 Option Trader

[plashadpobedy]

SOL.....D.O.A.

Dumped all my SOL this am, and bought (10) more CNQ SEPT11 puts. It dropped out of support as I bought my last (5). Took a $3.2K loss on SOL. At least I got something that will be going up.

Oil broke down to $103/bl, but it's going lower. My USO JUL11 puts took off. USO also broke support this morning.

There are not enough investor-types around to buy the solars. All the pump in the media is just that, hype. If any stock that does "pop" on any hype, it immediately fills in less than one week. There's no momentum in this market for these small cappers to go up.