Trade Ideas for 12/15/09

The market's pushing up against the range highs now. An upside breakout could be explosive, given the length of the consolidation. But with a Fed announcement looming on Wednesday, the market might just tread water for a couple of days. We bought VVUS and CBG and sold CAEI today.

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline	Chart
AONE	16.81	17.88	+6.4%	16.49	N/A	Chart
VVUS	8.76	8.85	+1.0%	8.41	N/A	Chart
SKF	25.31	24.49	-3.2%	24.19	N/A	Chart
FST	19.61	21.28	+8.5%	20.67	N/A	Chart
CBG	12.31	12.69	+3.1%	12.03	N/A	Chart

Should the market break out tomorrow, we have holdings that will benefit. No need to add more, but if you want to, here are some that look good.

New Trade Ideas

Ticker	Entry	Exit A	Exit C	Chart
NFLX (Netflix)	57.16	55.49	N/A	Chart
SBGI (Sinclair Broadcasting Group)	3.81	3.49	N/A	Chart
CMC (Commercial Metals)	17.32	16.82	N/A	Chart

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