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.
|