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Tuesday, February 9, 2010

Trade Ideas for 02/10/10

The market bounced around today with a bullish bias. Guess it wasn't ready for that date with its 200-day average just yet. We bought FST and added to SRS.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
SRS 7.61 8.60 +13.0% 8.06 N/A Chart
MZZ 21.11 23.36 +10.7% 21.92 N/A Chart
DXD 31.66 31.21 -1.4% 31.18 N/A Chart
PSQ 45.26 46.08 +1.8% 45.25 N/A Chart
QID 21.71 21.14 -2.6% 20.37 N/A Chart
FST 24.71 24.69 -0.0% 23.45 N/A Chart


New Trade Ideas
Ticker Entry Exit A Exit C Chart
ACAS (American Capital Strategies) 3.41 3.17 N/A Chart
NGD (New Gold) 4.48 4.27 N/A Chart
TWM (Ultrashort Russell 2000) 28.13 26.92 N/A Chart

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

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