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Tuesday, February 24, 2009

Trade Idea for 02/25/09

It looks like we hit the low Monday, and we're in the middle of a rally at the moment. As I mentioned earlier, this rally isn't one to jump on. It's quite nearly at its target already (SPY 80-81). Wednesdays tend to be continuation days, so let's see if that turns out to be the case.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Additional Exit Guideline Chart
DXO 2.01 2.06 +2.5% 1.79 N/A Chart


Yesterday's idea UDN looks good for tomorrow.

New Trade Ideas
Ticker Entry Exit A Exit C Chart
UDN (US Dollar Bearish Fund) 24.96 24.55 24.37 Chart

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

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