Trade Idea for 03/19/09

Wow, what a day! The Fed announced that it would begin monetizing debt, and that goosed the markets like nobody's business. Monetization = printing money. Deflation will lead to hyperinflation under this policy.

We lost SKF early, and DZZ shortly after the Fed announcement. Gold might bounce around a bit in the next few weeks but it's now a hold, as a way to hedge against Fed policy. Our other holdings did well; this uptrend has broken out farther than it initially seemed possible, but when it ends it could be sudden, so tight stops.

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Additional Exit Guideline	Chart
ITU	9.66	11.37	+17.7%	10.49	N/A	Chart
DXO	2.51	2.79	+11.2%	2.53	N/A	Chart
JBHT	19.71	23.43	+18.9%	22.10	N/A	Chart
BHI	29.67	31.78	+7.1%	29.59	N/A	Chart
AVA	13.47	14.16	+5.1%	13.49	N/A	Chart

Just one idea for tomorrow; with averages at major resistance (long-term trendlines, 50-day moving averages, etc.), tread carefully.

New Trade Ideas

Ticker	Entry	Exit A	Exit C	Chart
RIMM (Research in Motion)	42.19	38.76		Chart

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