Trade Idea for 02/19/09

Today buyers tried to rally off yesterday's slide, but couldn't make much headway. More downside likely—Tuesday's silent collapse certainly portends that. We should get a kickback rally at some point over the course of the next week, but it might happen after further downside, and such a rally might only manage levels that are below today's. So let's stick with our short positions and see where they take us.

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Additional Exit Guideline	Chart
DOG	75.51	78.19	+3.5%	74.22	Consider selling on a close < 77.48	Chart
PAAS	17.68	17.38	-1.7%	16.95	N/A	Chart
RWM	73.96	74.64	+1.0%	72.69	Consider selling on a close < 73.10	Chart

One more short idea.

New Trade Ideas

Ticker	Entry	Exit A	Exit C	Chart
EWV (Ultrashort MSCI Japan)	94.14	93.10	N/A	Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.