Tuesday, July 27, 2010

Some Trades

Here are some trades from the spread sheet (L)=long (S)= short a few I have updated the stops for, otherwise the stop on the spreadsheet or in the notes is still effective.

LONG TRADES:

DDE is a long above $3.30 which is $.02 away

PRSP is a long or add to/hold right now with the stop at $33.35

FRX can be bought now, but I'd move the stop up to $28.48 on a closing basis -This isn't my favorite trade, thus the tight stop.


SHORT TRADES

WLT is a short now or on any pullback that offers a better entry.

LINTA keep an eye on this one it is very close to triggering

LCC is a short now

RDY was a short at market, it could still be entered if the risk:reward potential makes sense to you

DUSA is very close to a short now-check the spreadsheet for info.

MGAM is a short now

VRUS is a short now

NGD is a short now

BYI can be shorted now, the stop will move down upon a close lower.



An update is in the works.

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