Trade Ideas for 9/22/08

Many traders are taking next week off. With the recent wide-ranging, unprecedented upheavals in the market, it's prudent to want to wait until there's some semblance of normalcy. Who knows what that will look like though? The era of the People's Republic of Wall Street has begun.

For me, Monday presents some excellent opportunities. There are some juicy setups in many charts I look at, and I would consider electing more positions and also using the aggressive exit figures. With the promise shown in the charts, I would not want to take next week off.

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Additional Exit Guideline	Chart
TVL	6.06	6.96	+14.9%	6.26	Consider selling on a close < 6.61	Chart

Over half the ideas on my personal list are in commodities. This is a natural reaction to the government considering taking on $700B in new debt. That's value taken from the value of the dollar, and so many are looking for alternative forms of currency among oil and precious metals.

Trade Ideas for 09/22/08

Ticker	Entry	Exit A	Exit C	Chart
SLW (Silver Wheaton)	10.21	8.99	7.64	Chart
SIGA (Siga Tech.)	4.01	3.69	3.19	Chart

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