Trade Ideas for 01/05/10

Lots of charts breaking out on the first trading day of the new year. Nevertheless, this remains a time for caution. Last year markets peaked on the third trading day of the new year on what looked like excellent strength. I've tightened up our sell-stops accordingly. We bought MTH and RDN today.

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline	Chart
AONE	16.81	22.80	+35.6%	22.15	N/A	Chart
VVUS	8.76	9.44	+7.8%	8.99	N/A	Chart
GNK	22.74	24.71	+8.7%	23.47	N/A	Chart
ASH	39.92	41.16	+3.1%	39.92	N/A	Chart
IVAN	2.74	2.98	+8.8%	2.91	N/A	Chart
DDR	9.34	9.25	-0.1%	9.15	N/A	Chart
CPST	1.30	1.28	-1.5%	1.22	N/A	Chart
SOLF	7.71	8.00	+3.8%	7.71	N/A	Chart
MTH	19.54	19.84	+1.5%	19.36	N/A	Chart
RDN	7.77	7.81	+0.5%	7.27	N/A	Chart

Some ideas for tomorrow, but risk very little. CPST only if you missed it the first time; hasn't done anything since we bought it but consolidate.

New Trade Ideas

Ticker	Entry	Exit A	Exit C	Chart
CPST (Capstone Turbine)	1.30	1.25	N/A	Chart
PDC (Pioneer Drilling)	8.21	7.93	N/A	Chart
ERTS (Electronic Arts)	18.29	17.88	N/A	Chart
CQB (Chiquita)	18.67	18.23	N/A	Chart

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