GOOD IDEA, POOR EXECUTION

SOLD PKZ @42.33
Out on stop. It was a terrible trade. A monster earning is no match for the falling crude price. PKZ is not helping with its production figures. Long term it continues to be a very good stock, but in the near term, there is no sense to fight the WTI. How terrible could it be? It reversed and now is traded north of $45. Another piece of "Good idea, poor execution".

SOLD IOI @30
Out on stop. This turns out to be a very stressful day again.

OCTOBER
It appears that I am going to end the month up slightly, or flat. While I am not too excited about the result, I believe the portfolio probably is in a better sharp than that of previous few months, as I was able to get rid of a few dead woods, without serious damage the portfolio. Energy exposure is also reduced somewhat, although it was mosly accomplished by way of STOPS.