Trade Ideas for 12/03/08

We lost a couple of our positions in today's range-bound trading. For the bulls the trading range is a good sign, as the market needs time to digest Monday's losses before it can put together a bona fide rally. For the bears this is a good sign as it provides a low-risk entry to the short side.

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Additional Exit Guideline	Chart
AN	7.01	9.17	+30.8%	7.97	Consider selling on a close < 8.62	Chart

Playing both sides; since we're in a downtrend, the more likely path is down.

Trade Ideas for 12/03/08

Ticker	Entry	Exit A	Exit C	Chart
VMC (Vulcan Materials)	64.01	55.68		Chart
QID (Ultrashort QQQQ)	85.57	78.99	N/A	Chart
DUG (Ultrashort Oil & Gas)	36.61	33.63	N/A	Chart

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