Tampons for the bleeding.

The selling eased out in today session, dropping lower by 33 points in comparison to yesterday's 76 point drop. It feels like we are going to find a higher low tomorrow.

The index looks like range trading from 4000-4200 levels. I think I just got my wish granted. Hopefully, index issues provide a significant range to trade.

NIKL, the current star of my portfolio, has finally broken out convincingly out of its previous high. It has also broke its psychological resistance at P20 and it is now trading at its all time high.

I put on additional position in NIKL today(+30% of my current position) and I am still not done putting up the whole position.

My position in APC has started to recover today and looks like there would be continuation. If P1 is taken out tomorrow, I believe it would be safe to assume that it will continue to advance further in the short term as suggested by RSI.

Positions in CYBR and ELI are both bleeding today. ELI tried to fill the gap today.
Buying opportunity on CYBR tomorrow(?).

My timing in my recent positions in APC, CYBR, and ELI is terrible. Position sizing is saving me though.

It feels like something is brewing in MER but still no guts to buy. I would probably trade it once it break 300.

SMC filled the small gap at 160-162 last December 28, 2010. Resistance at 189.
Range trade?

I'm going heavy on mining. There is this one mining issue that I have been monitoring secretly and looks like it is also going to break its most recent high. It is a highly despised stock but it is quietly trending up.

Are people still fearful or superman effect has started to surface?

*Buy at the closing on red days and sell on panic buying days on third liners?