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Thursday, December 17, 2009

Trade Ideas for 12/18/09

The market came down pretty hard today, gapping down at the open and closing near the lows. Still, it remains within the interminable trading range of the past weeks/months. At mid-range now, it's anyone's guess what's next. We were stopped out of CMC and bought SKF and SMN.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
AONE 16.81 19.40 +15.4% 17.34 Consider putting sell-stop for partial shares at 18.59 Chart
VVUS 8.76 9.08 +3.7% 8.76 N/A Chart
SKF 25.31 25.59 +1.0% 24.58 N/A Chart
FST 19.61 22.19 +13.2% 20.67 Consider putting sell-stop for partial shares at 21.74 Chart
CBG 12.31 12.68 +3.0% 12.41 N/A Chart
DEI 13.89 14.09 +1.4% 13.59 N/A Chart
SBGI 3.81 3.83 +0.5% 3.49 N/A Chart
SMN 8.96 9.09 +1.4% 8.49 N/A Chart


New Trade Ideas
Ticker Entry Exit A Exit C Chart
TIF (Tiffany) 43.03 42.07 N/A Chart
CPST (Capstone Turbine) 1.30 1.24 N/A Chart
RDN (Radian Group) 6.56 6.12 N/A Chart

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

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