Trade like Ty Murray

You guys notice how trying to hold onto FIO and not allow it to buck you off sure is hard?

I’ve explained from the beginning that this Fusion-IO, being a start up and trying to revolutionize the server business, is going to be wildly volatile. And it has been. The stock in just the last couple weeks has popped more than 25% since I wrote this column: Fusion-IO explained and analyzed.

FIO’s now getting to be an outsized position for me once again as these calls I own kick in. I’m holding my entire FIO position steady for now, but might start looking to trim back a little and lock in some profits in the next couple trading sessions.

Sandisk’s also continuing to walk itself up higher. I still think that one looks like it could be trying to break out.

Other than that, I’ve had an upset stomach all day and I am going to go lay down for a while.

See you guys Monday.