Trade Ideas for 07/07/09

The bulls were able to contain the damage today, bouncing off the 200-day moving average in the S&P. However, no good setups appear in the inverse ETFs since today was not an inside day. If this little rally can continue for 1-2 more days, we'll start to see those setups.

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Add'l Exit Guideline	Chart
NVAX	2.62	2.79	+6.5%	2.62	N/A	Chart

Some longs that look possible; play small.

New Trade Ideas

Ticker	Entry	Exit A	Exit C	Chart
STEC	26.01	23.49	N/A	Chart
ALD (Allied Capital)	3.69	3.29	N/A	Chart

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