Wednesday, September 3, we had two Around the Horn subscription trades, one Extra Inning and four Stocks to Watch on our radar. Of these, five were winners and the rest were no-shows.

Chicago Bridge & Iron (CBI) was a Fastball short for Wednesday’s Around the Horn subscription trade list. CBI hit our entry in the morning, trading slowly and steadily down to our profit target and beyond. Exit was at this level. Any partial shares remaining were well rewarded, trading below 27 toward end of day.

Chicago Bridge & Iron Co (CBI), 5-Minute Chart


Tupperware Brands Corp (TUP) was a Fastball short for Wednesday’s Around the Horn subscription trade list. TUP hit our entry off the open, trading down just shy of our profit target. Exit was at the 50% to target level on the way back up from the failed attempt at the profit target.

Tupperware Brands Corp (TUP), 5-Minute Chart


Arch Coal Inc (ACI) was a Fastball short for Wednesday’s Stocks to Watch trade list. ACI hit our entry off the open and again a little later in the morning. This opportunity was a profitable one if you caught the ride down.

Arch Coal Inc (ACI), 5-Minute Chart


Superior Energy Services Inc (SPN) was a Fastball short for Wednesday’s Stocks to Watch trade list. SPN hit our entry in the morning and this opportunity was also a profitable one if you caught the ride down.

Superior Energy Services Inc (SPN), 5-Minute Chart


Special Mention RE: Weekly Market Outlook

Dell computer was mentioned in this weekend’s outlook as one to watch to the short side, and today was another good day to do more than watch.

Dell Inc (DELL), 30-Minute Chart


Marvel Entertainment Inc (MVL) was also mentioned as having a downside in this weekend’s outlook as one to watch to the short side, and today was the day to do more than watch.

Marvel Entertainment Inc (MVL), 30-Minute Chart


Extra Innings and Opportunities for Thursday, September 4, 2008:

Affiliated Computer Services (ACS), 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.