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Sunday, February 14, 2010

Trade Ideas for 02/16/10

Interesting week that saw the S&P bounce off the 1060 level every single day. This congestion is building a base, but whether that's to launch upward or downward can't be determined. We bought HANS Friday.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
SRS 7.61 8.27 +8.7% 8.06 N/A Chart
MZZ 21.11 22.35 +5.9% 21.92 N/A Chart
NGD 4.48 4.52 +0.9% 4.24 N/A Chart
PSQ 45.26 45.37 +0.2% 45.25 N/A Chart
QID 21.71 20.47 -5.8% 20.37 N/A Chart
FST 24.71 26.50 +7.2% 24.79 N/A Chart
HANS 39.27 39.23 -0.1% 28.18 N/A Chart


New Trade Ideas
Ticker Entry Exit A Exit C Chart
LIZ (Liz Claiborne) 5.81 5.54 N/A Chart
BLDP (Ballard Power) 2.24 2.11 N/A Chart
FRG (Fronteer Development Group) 4.43 4.21 N/A Chart
DUG (Ultrashort Oil & Gas) 13.81 13.22 N/A Chart
EEV (Ultrashort Emerging Markets) 12.67 12.16 N/A Chart
SDS (Ultrashort S&P) 38.24 36.84 N/A Chart

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

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