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Tuesday, January 5, 2010

Trade Ideas for 01/06/10

Lots of big breakouts today, and we participated. We bought CPST (if not already owned), PDC and ERTS. We were stopped out of AONE for a big gain as well as DDR and MTH for losses.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
ERTS 18.29 18.66. +2.0% 18.21 N/A Chart
VVUS 8.76 9.32 +6.4% 9.21 N/A Chart
GNK 22.74 25.32 +11.3% 24.45 N/A Chart
ASH 39.92 40.92 +2.5% 40.41 N/A Chart
IVAN 2.74 3.15 +15.0% 2.99 N/A Chart
PDC 8.21 8.86 +7.9% 7.99 N/A Chart
CPST 1.30 1.38 +6.2% 1.25 N/A Chart
SOLF 7.71 8.81 +14.3% 7.94 N/A Chart
RDN 7.77 8.20 +5.5% 7.62 N/A Chart


Still wary, so continue to be conservative with risk on these new ideas.

New Trade Ideas
Ticker Entry Exit A Exit C Chart
HOLX (Hologic) 15.01 14.79 N/A Chart
SVM (Silvercorp) 7.04 6.84 N/A Chart
CQB (Chiquita) 18.67 18.23 N/A Chart
GRO (Agria) 3.31 3.09 N/A Chart

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

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