Wednesday November 12, 2008 we had two Around the Horn premium trades and two Stocks to Watch on our trade list. One of these had profit opportunities.
IHS Inc Cl (IHS) was a Fast Ball short for Wednesday’s trade list. IHS hit our entry early, trading to the 50% level before heading back to the entry. We have a breakeven stop when this happens, but a second entry happened off this level. This time IHS traded to the Initial Profit Target. Exit was at this level.
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