TSYS violated its stop loss and was sold yesterday.
We bought TSYS on 05/19/09 at $7.54 and sold it on 09/01/09 at $7.21 for a 4.36% loss.
A comment on markets
S&P500 looks like forming a head and shoulder pattern. It may go down to 980 points. Then what happens? If it goes below 980 a new down trend may last for weeks/months. If it goes back up, rebounding, it may close the head and shoulder at around 1010 before going down again. The situation is very uncertain.
I would wait to see if S&P500 goes over 1015 before buying anything else...
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