I hope you are right. I'm somewhat top-heavy with the CAPOs and today's trading really messed with my head. Was glad to see them coming back later in the afternoon.
In hind-sight I should have sold into the strength on the open and bought back mid-afternoon - would have doubled my holdings.
As it turned out I didn't do a single trade today. Experience has taught me that I usually end up down whenever I try to pick the swings on a highly leveraged thing like CAPO. People are so jumpy with it (and for good reason). I just had to stick to my belief that CAP is heading on and up.
Could be worse - I could have been the person who bought CAPO at 5.5c this morning. I bet there's not much left of their fingernails!
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