Trade Ideas for 09/01/09

At the open, the market fell to the lows of the day and remained choppy for the remainder of the session. The rally doesn't appear healthy, having stalled within a range the past week. At the same time it hasn't quite fallen apart either. Today's move down broke Thursday's lows, but only by a little bit. Some more follow-through is needed to seal the deal. Until that happens, whatever is holding the market up may have some more tricks up its sleeve.

Today we sold GS for a profit and bought SDS and TWM.

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline	Chart
SDS	44.12	43.64	-1.1%	42.08	N/A	Chart
TWM	32.36	32.33	-0.1%	30.24	N/A	Chart
FXP	10.04	10.92	+8.8%	9.98	N/A	Chart
SRZ	2.19	2.21	+1.0%	2.04	N/A	Chart
VXX	57.34	59.00	+2.9%	56.06	N/A	Chart
REG	33.27	33.55	+0.8%	32.09	N/A	Chart
V	70.44	71.10	+0.9%	69.27	N/A	Chart
UYG	5.84	5.72	-2.1%	5.49	N/A	Chart

Getting a bit heavy on positions, so just a couple for tomorrow.

New Trade Ideas

Ticker	Entry	Exit A	Exit C	Chart
AUY (Yamana Gold)	9.37	8.99	N/A	Chart
ARIA (Aria Pharmaceuticals)	2.26	2.13	N/A	Chart

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