Trade Ideas for 01/07/10

More big breakouts today, and for the second day in a row, the major averages are just inching upward. True, making new highs each day, but there are many charts up double-digit percentages. This could be a case of the market lagging the breakouts, in which case we should see some strong upward movement from the major averages in the coming sessions. We were stopped out of two holdings today, ERTS for a small loss and VVUS for a decent gain. We bought SVM and HOLX.

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline	Chart
SVM	7.04	7.35	+4.4%	6.84	N/A	Chart
HOLX	15.01	15.01	0	14.79	N/A	Chart
GNK	22.74	24.80	+9.1%	24.45	N/A	Chart
ASH	39.92	41.61	+4.2%	40.49	N/A	Chart
IVAN	2.74	3.25	+18.6%	3.14	N/A	Chart
PDC	8.21	9.10	+10.8%	8.73	N/A	Chart
CPST	1.30	1.42	+9.2%	1.32	N/A	Chart
SOLF	7.71	9.99	+29.6%	9.09	N/A	Chart
RDN	7.77	8.27	+6.4%	7.62	Consider putting sell-stop for partial at 7.99	Chart

More longs, let's see if the streak keeps going tomorrow.

New Trade Ideas

Ticker	Entry	Exit A	Exit C	Chart
OSK (Oshkosh)	39.12	38.27	N/A	Chart
OMX (Office Max)	13.68	13.19	N/A	Chart
GE (General Electric)	15.68	15.43	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.