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Around the Horn: Nightly Review
By Julie Peterson-Manz | Published  03/7/2007 | Stocks | Unrated
Around the Horn: Nightly Review

On Wednesday, we had four Stocks to Watch, three Extra Innings and four Around the Horn subscription trades on our radar. One hit for modest profits, one was a scratch and nine were no-shows.

Gannett Co (GCI) was a Backdoor Slider short on Tuesday’s Around the Horn subscriber setups. Entry was off the open and there was a fair amount of back and forth before GCI came within 10 cents of our profit target. Under these circumstances, we set our trailing stop at the 50% to target level. Exit was at this level.

Gannett Co


Extra Innings and Opportunities for Thursday, March 8, 2007:

If there is more downside to be had, it may be had in ASH:

ASH


FDS to the upside is interesting still:

FDS


ARG is holding its consolidation, so I will be watching tomorrow with a short bias, but interested to the long side if the day breaks that way.

ARG


Finally, MTH will be of interest, with a bias to the short side.

MTH


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

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