On Monday December 15, 2008 we had three Stocks to Watch on our radar. None of these hit today. On Friday December 12, 2008 we had five Around the Horn premium trades, four Stocks to Watch and two Extra Innings on our radar. Of these, one was a profit and one was a loss with another chopping us around.

Affiliated Managers Group (AMG) was a Switch Hitter short Around the Horn premium trade for Friday’s trading. AMG hacked us around on Friday, first taking us out at breakeven after a trip to the 50% to Target level then again at the stop loss level. Exit was at the stop loss.

Affiliated Managers Group (AMG), 5-Minute Chart


Atwood Oceanics Inc (ATW) was a Switch Hitter short Around the Horn premium trade for Friday’s trading. ATW also went to the 50% to Target level and stopped us out at the entry, chopping us around for tagged entries but never going in our direction.

Atwood Oceanics Inc (ATW), 5-Minute Chart


FTI Consulting Inc (FCN) was a Backdoor Slider short Around the Horn premium trade for Friday’s trading. Entry on FCN was on a pullback and trade down through our price. Exit was at the profit target.

FTI Consulting Inc (FCN), 5-Minute Chart


Extra Innings and Opportunities for Tuesday, December 16, 2008:

Affiliated Managers Group (AMG), 30-Minute Chart


Air Products & Chems Inc (APD), 30-Minute Chart


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