Monday we had three Stocks to Watch, one Extra Inning and three Around the Horn subscription trades on our radar. Of these, one hit for profits, two hit for losses and four were no-shows.

Fair Isaac Inc (FIC) was a Fastball short for Monday’s Around the Horn subscription trade list. Only FIC played fairly with us today, hitting our entry price off the open and trading down to the initial profit target, if only briefly at first. Exit was at or just off this level. Any shares left open had an exit near end of day on a bounce off lows and cross of the 8-period moving average.

Fair Isaac Inc, 5-minute Chart


Avon Products Inc (AVP) was a Fastball short for Monday’s Around the Horn subscription trade list. Entry was off the open on a wide volatility bar. Without any remorse, AVP took us straight to our stop loss.

Avon Products Inc, 5-Minute Chart


Mack Cali Realty Corp (CLI) was a Fastball short for Monday’s Around the Horn subscription trade list. Similar story to AVP, in on the first volatility bar, and stopped out soon thereafter. A second entry opportunity presented itself later in the day, but when CLI couldn’t make it below the earlier low, the plug was pulled at breakeven/scratch.

Mack Cali Realty Corp, 5-Minute Chart


Extra Innings and Opportunities for Tuesday, October 23, 2007:

None for Tuesday, we’ll be back on watch for Wednesday.

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Julie Peterson-Manz is cofounder of TraderInsight.com. Email her at julie@traderinsight.com.