Watchlist for 11/4/2009

Today I traded CXPO from yesterday's watchlist.  I shorted a small position at 7.60 and 7.61 because it was so illiquid.  It traded sideways for a long time.  I broke my trading rules and I jumped out when I saw the ask hit 7.90 in the afternoon.  I got out at 7.65 for a tiny loss.  However, right after I got out, CXPO fell to 7.30 and closed at 7.25.  That's what happens when you exit on emotion rather than waiting for an exit signal or for your stop to get hit.

Not much on the watchlist for tomorrow....only REV.  It's had a multi-day run due to earnings, but it's looking over-extended.