Trade Ideas for 12/23/09

Not much action today, although the S&P made a new recovery high—by a point or so. While support seems strong, price has not been able to make it to the 1121 level, which marks the 50% intraday retracement of the '07-'09 crash. Steady selling at that price level. Whichever side ends up caving first, the market promises to make quite a move.

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline	Chart
AONE	16.81	19.60	+16.6%	17.34	N/A	Chart
VVUS	8.76	10.03	+14.5%	8.99	N/A	Chart
ZSL	4.71	4.75	+0.8%	4.49	N/A	Chart
FST	19.61	22.74	+16.0%	20.67	Consider putting sell-stop for partial shares at 22.49	Chart
CBG	12.31	13.51	+9.7%	13.12	N/A	Chart
DEI	13.89	14.62	+5.3%	13.89	N/A	Chart
SBGI	3.81	3.93	+3.1%	3.68	N/A	Chart
SMN	8.96	8.67	-3.2%	8.69	N/A	Chart
CPST	1.30	1.29	-0.8%	1.22	N/A	Chart
URE	6.71	6.96	+3.7%	6.42	N/A	Chart

After a consolidation day like today, lots of charts are set up. At the same time, it could be an effect of the holiday week.

New Trade Ideas

Ticker	Entry	Exit A	Exit C	Chart
VCI (Valassis)	18.84	18.16	N/A	Chart
GOLD (Randgold)	80.64	78.40	N/A	Chart
BVF (Biovail)	14.11	13.89	N/A	Chart
VMW (VM Ware)	43.01	42.07	N/A	Chart

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