Friday, September 26, we had one Around the Horn subscription trade, one Extra Inning and one Stocks to Watch on our radar. Of these, two yielded profits and one was a no-show.

Joseph A Bank Clothiers, Inc (JOSB) was a Switch Hitter long for Friday’s Stocks to Watch trade list. JOSB hit the suggested entry a within the first hour of the session, once with a scratch but second time traded steadily to and through the R1 pivot level before reversing. Exit was on the reversal.

Joseph A Bank Clothiers Inc, 5-Minute Chart


Hawaiian Elec Industries (HE) was an Extra Inning long for Friday’s trade list. HE was gapped down in the morning, but pivot entries to the long side off the S1 or Central pivots made for good profits to the R1 or R2 pivots. Exit was on the resistance below the R2 pivot.

Hawaiian Elec Industries, 5-Minute Chart


Extra Innings and Opportunities for Monday, September 29, 2008:

I will keep an eye out for more opportunities this week.

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