Around The Horn: Extra Innings For September 3 |
By Julie Peterson-Manz |
Published
09/3/2008
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Stocks
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Unrated
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Around The Horn: Extra Innings For September 3
Tuesday, September 2, we had three Around the Horn subscription trades and four Stocks to Watch on our radar. Of these, one was a winner and the rest were no-shows.
PPL Corp (PPL) was a Fastball short for Tuesday’s Around the Horn subscription trade list. PPL hit our entry late in the morning, trading slowly and steadily down to our profit target. PPL reversed just a few pennies shy of the profit target, and our policy is to then wait and exit if it trades back to the 50% to target area. Exit was at this level.
PPL Corp (PPL), 5-Minute Chart
Special Mention RE: Weekly Market Outlook
Dell computer (DELL) was mentioned in this weekend’s outlook as one to watch to the short side, and today was a good day to do more than watch.
Dell Inc (DELL), 30-Minute Chart
Extra Innings and Opportunities for Wednesday, September 3, 2008:
Advanced Auto Parts (AAP), Inc, 30-Minute Chart
P.S. If you enjoy my column and would like to join our Intraday Trading Plan, try it free for a week. Click here to start receiving our best trading setups for every trading day.
Julie Peterson-Manz is cofounder of TraderInsight.com. Email her at julie@traderinsight.
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