Trade Ideas for 12/30/09

The market was mildly down after a week of up days. Probably just taking a breather before resuming the upward trek, but please don't take that as a guarantee. A wide-ranging down day could happen at any point to change the dynamic. The chart of the gold ETF GLD is the analogue I'm using:


If this is a valid comparison, we're in the circled blue area, and after the pullback finishes we could see a 5th wave up to the peak. Time frame of ~1 week if simple, 2-3 weeks if extended. We sold DEI and URE for profits and bought IVAN.

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline	Chart
AONE	16.81	22.46	+33.6%	20.99	N/A	Chart
VVUS	8.76	9.28	+5.9%	8.99	N/A	Chart
FMC	57.01	56.60	-0.7%	56.19	N/A	Chart
FST	19.61	23.48	+19.7%	23.16	N/A	Chart
CBG	12.31	13.80	+12.1%	13.47	N/A	Chart
IVAN	2.74	3.03	+10.6%	2.74	N/A	Chart
SBGI	3.81	4.41	+15.7%	4.18	N/A	Chart
DDR	9.34	9.32	-0.2%	9.15	N/A	Chart
CPST	1.30	1.29	-0.8%	1.22	N/A	Chart
GOLD	80.64	80.44	-0.2%	79.27	N/A	Chart
VMW	43.01	42.86	-0.3%	42.10	N/A	Chart
SOLF	7.71	7.84	+1.7%	7.49	N/A	Chart

Among tomorrow's ideas is a short, just in case the scenario doesn't unfold like the GLD analogue.

New Trade Ideas

Ticker	Entry	Exit A	Exit C	Chart
NM (Navios Maritime)	6.28	6.05	N/A	Chart
ASH (Ashland)	39.92	39.36	N/A	Chart
GRS (Gammon Gold)	11.29	10.88	N/A	Chart
TWM (Ultrashort Russell 2000)	24.78	24.33	N/A	Chart

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