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Wednesday, January 13, 2010

Trade Ideas for 01/14/10

The market was able to find a bottom yesterday and rallied today, with the Dow making new recovery highs and S&P not far behind. Nevertheless, choppiness reigns. We were stopped out of SOLF for a big profit and into SVA.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
GE 15.68 16.83 +7.3% 16.49 N/A Chart
CPST 1.30 1.41 +8.5% 1.35 N/A Chart
SVA 7.51 7.45 -0.8% 7.09 N/A Chart


Slim pickings for tomorrow, but we have our first short idea in a little while.

New Trade Ideas
Ticker Entry Exit A Exit C Chart
DVAX (Dynavax) 1.61 1.41 N/A Chart
ESI (ITT) 101.97 99.33 N/A Chart
SRS (Ultrashort Real Estate) 7.76 7.32 N/A Chart

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

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