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Monday, February 9, 2009

Trade Idea for 02/10/09

So far, so good. No precipitous drop is a plus! But I'm reserving judgment until we get the first test of that SPY 85 area, and that might happen tomorrow.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Additional Exit Guideline Chart
DOG 75.51 71.82 -4.9% 70.99 Consider selling on strength Chart
TBT 48.11 48.62 +1.1% 47.09 The move looks done; consider selling on strength Chart
BEAV 10.73 11.15 +3.9% 9.81 N/A Chart
CLR 22.51 22.03 -2.1% 19.87 N/A Chart
CSR 5.91 6.06 +2.5% 5.16 N/A Chart


Carrying over yesterday's idea.

New Trade Ideas
Ticker Entry Exit A Exit C Chart
COV (Covidien) 40.16 38.88 38.57 Chart

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

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