SOLD DVAX $1.63
BUY BZ $2.97
SHORT ICE (PUT OPTION)
SHORT SNDA (PUT OPTION)

Markets were down today on some profit taking and concerns on how long this rally can last. FOMC also will give an update tomorrow so the market is awaiting the comments for direction. The market is consolidating nicely after the nice run its had, so hopefully this will provide support for the next leg up.

Bought BZ today as it was showing some strength after bouncing off the former resistance, now support, line. Volume has picked up over the last week or so in this stock and I like the price action on it.

ICE and SNDA both are breaking down from bear flag patterns and look to go lower from here. Instead of shorting the stocks, I opted to buy put options, which increase the % return should this trade work out.