On Monday December 8, 2008 we had four Around the Horn premium trades and five Stocks to Watch on our radar. Of these, two were somewhat profitable and one was a loss.

Crown Castle Corp (CCI) was a Fast Ball long Around the Horn premium trade for Monday’s trading. CCI gapped open past our price, but later pulled back to hit our entry level. Exit was end of day.

Crown Castle Corp (CCI), 5-Minute Chart


Cigna Corp (CI) was a Fast Ball long Around the Horn premium trade for Monday’s trading. CI gapped open past our price, but latter pulled back to hit our entry level late in the session. Exit was end of day.

Cigna Corp (CI), 5-Minute Chart


Investment Technology Group (ITG) was a Fast Ball short Around the Horn premium trade for Monday’s trading. ITG hit our entry level in the morning and traded to 50% to target level before falling back to the entry level, where we move the stop. Second entry was a little later in the session, but this time ITG failed prior to that level and we were dragged down to our stop loss. Exit was at the stop loss level.

Investment Technology Group, 5-Minute Chart


Extra Innings and Opportunities for Tuesday, December 9, 2008:

Crown Castle Corp (CCI), 30-Minute Chart


Cigna Corp (CI), 30-Minute Chart


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