Thursday, October 30, we had four Around the Horn subscription trades, one Extra Inning and four Stocks to Watch on our radar. One of these had profit opportunities.

Vail Resorts Inc (MTN) was a Fast Ball long for Thursday’s Stocks to Watch trade list. MTN triggered in the morning for a fast climb then again later in the morning. A stop at yesterday’s closing highs kept the early trade alive, or provided an opportunity for another entry. Exit was either at the R1 pivot when MTN traded back through that price or for wider stops, later in the day when MTN could not trade through the resistance for a second time.

Vail Resorts Inc (MTN), 5-Minute Chart


Extra Innings and Opportunities for Friday, October 31, 2008:

Potlach Corp (PCH), 30-Minute Chart


McKesson Corp (MCK), 30-Minute Chart


P.S. If you enjoy my column and would like to join our Intraday Trading Plan, try it for one week for $5.  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.