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Sunday, January 10, 2010

Trade Ideas for 01/11/10

Friday the market closed at highs. We sold partial positions into strength and were formally stopped out of ASH and OMX.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
SVM 7.04 7.37 +4.7% 6.84 Consider setting sell-stop on partial position at 7.22 Chart
HOLX 15.01 14.97 -0.3% 14.79 N/A Chart
GE 15.68 16.60 +5.9% 16.27 N/A Chart
PDC 8.21 9.69 +18.0% 9.39 N/A Chart
CPST 1.30 1.40 +7.7% 1.35 N/A Chart
SOLF 7.71 10.08 +30.7% 9.46 N/A Chart
RDN 7.77 8.91 +14.7% 8.74 N/A Chart


The market continues to push higher. Let's see if that continues through options expiration week. Monday's idea HOLX is only if you missed it the first time around.

New Trade Ideas
Ticker Entry Exit A Exit C Chart
HOLX (Hologic) 15.06 14.85 N/A Chart
BX (Blackstone Group) 14.21 13.86 N/A Chart
CTIC (Cell Therapeutics) 1.21 1.16 N/A Chart
DGP (Ultra Gold) 28.61 27.87 N/A Chart

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

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