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Around the Horn: Nightly Review
http://www.tigersharktrading.com/articles/7543/1/Around-the-Horn-Nightly-Review/Page1.html
By Julie Peterson-Manz
Published on 02/26/2007
 

Julie Peterson-Manz reviews the results and lessons learned from Around the Horn: Stocks to Watch for February 26.


Around the Horn: Nightly Review

On Monday, we had four Stocks to Watch, one Extra Inning and two Around the Horn subscription trades on our radar. Of these, one hit for profits, three were scratches and three were no-shows.

Parker-Hannifin (PH) was a Sinker (short) setup from Sunday night’s Stocks to Watch column. PH was within a few pennies of our trigger price of Friday’s high off the open and never looked back. PH found support and then resistance on the Central Pivot. Exit was toward end of day on the cross of the 8- and 20-simple moving averages.

Parker-Hannifin


Extra Innings and Opportunities for Wednesday, February 14, 2007:

We had several setups for today that didn’t trigger or scratched us out, and we will be watching these for tomorrow.

ETN


XTO


EDS


MDC


P.S. Join me and a dozen professional traders in the TraderInsight.com War Room. Click here for your free two-week membership.

Julie Peterson-Manz is cofounder of
TraderInsight.com. Email her at Julie@peterson-manz-trading.net.