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Monday, July 20, 2009

Trade Ideas for 07/21/09

Looking at today's chart, I'm reminded of the old Wall Street expression, "No tree grows to the sky." This one's trying, so let's ride with it, but be on guard. We bought ANAD today and sold AEIS for a nice profit.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
CFSG 12.36 13.97 +13.0% 12.99 N/A Chart
ANAD 4.18 4.08 -2.3% 3.99 N/A Chart
AHL 23.43 24.96 +6.5% 24.49 N/A Chart
MTL 9.19 9.54 +3.8% 8.33 N/A Chart


One long, one short for tomorrow.

New Trade Ideas
Ticker Entry Exit A Exit C Chart
TWM (Ultrashort Russell 2000) 40.51 38.92 N/A Chart
GRMN (Garmin) 25.01 24.31 N/A Chart

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

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