Around The Horn: Extra Innings For December 2 |
By Julie Peterson-Manz |
Published
12/2/2008
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Stocks
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Unrated
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Around The Horn: Extra Innings For December 2
On Monday December 1, 2008 we had seven Around the Horn premium trades, three Stocks to Watch and one Extra Inning on our radar. Of these, five were profitable and the others were gaps or no-shows.
Aetna Inc (AET) was a Switch Hitter short for Monday’s trading. AET gapped down to our entry at the open and traded down over the morning to the initial profit target with an exit at this level.
Aetna Inc (AET), 5-Minute Chart
Harley Davidson Inc (HOG) was a Switch Hitter short for Monday’s trading. HOG gapped down to our entry at the open and traded down quickly to the initial profit target. Exit was at or below this level.
Harley Davidson Inc (HOG), 5-Minute Chart
Entertainment Property (EPR) was a Switch Hitter short for Monday’s trading. EPR was a slippery one to grab off the open, but this one had profit opportunities to and well beyond the initial profit target. Exit was at or below this level.
Entertainment Property (EPR), 5-Minute Chart
Cigna Corp (CI) was a Switch Hitter short for Monday’s trading. CI hit the entry off the open and developed slowly over the session. CI hit the profit target mid-session and exit was at this level.
Cigna Corp (CI), 5-Minute Chart
SL Green Realty Corp (SLG) was a Stocks to Watch Switch Hitter short for Monday’s trading. SLG had an entry opportunity off the open at the suggested level from the Stocks to Watch article or just above at the S2 Pivot. Exit was shortly afterward below or on the bounce back through the S2 pivot.
SL Green Realty Corp (SLG), 5-Minute Chart
Extra Innings and Opportunities for Tuesday, December 2, 2008:
Cigna Corp (CI), 30-Minute Chart
Aetna Inc (AET), 30-Minute Chart
Harley Davidson Inc (HOG), 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.
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