Around The Horn: Extra Innings For September 9 |
By Julie Peterson-Manz |
Published
09/9/2008
|
Stocks
|
Unrated
|
|
Around The Horn: Extra Innings For September 9
Monday, September 8, we had one Around the Horn subscription trade and three Stocks to Watch on our radar. Of these, one was a winner and the rest were no-shows.
Affiliated Computer Services (ACS) was a Switch Hitter long for Monday’s Around the Horn subscription trade list. ACS hit our entry close to mid-session, trading steadily up to our profit target. Exit was at this level.
Affiliated Computer Services, 5-Minute Chart
Special Mention RE: Weekly Market Outlook
Federal Home Loan Mortgage Corp (FRE), Federal National Mortgage Association (FNM) and Lehman Brothers Holdings Inc (LEH) were mentioned as having a downside in this coming week in this weekend’s edition of the Weekly Market Outlook and there was follow through for all of these.
Federal Home Loan Mortgage Corp, 30-Minute Chart
Federal National Mortgage Association, 30-Minute Chart
Lehman Brothers Holdings Inc, 30-Minute Chart
Extra Innings and Opportunities for Tuesday, September 9, 2008:
Arrow Electronics 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.
|