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Thursday, February 18, 2010

Trade Ideas for 02/19/10

The S&P tagged its 50-day moving average today. There's a good chance this average will be resistance, so time to take a little off our long positions. We sold NGD today.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline
BLDP 2.24 2.30 +2.7% 2.18 N/A
LIZ 5.81 5.97 +2.8% 5.73 N/A
HANS 39.27 40.51 +3.2% 39.49 N/A


New Trade Ideas
Ticker Entry Exit A Exit C
BBT (BB&T) 27.51 26.99 N/A
DUG (Ultrashort Oil & Gas) 12.97 12.47 N/A
SKF (Ultrashort Financials) 24.24 23.49 N/A
EEV (Ultrashort Emerging Markets) 12.02 11.36 N/A

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

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