Thursday we had three Stocks to Watch, one extra inning and three Around the Horn subscription service trades on our radar. Of these, one hit twice for profits, one was a scratch, one gapped past our price and four were no-shows.

Rayonier Inc (RYN) was a Switch Hitter long setup for Thursday’s Around the Horn subscription service. RYN gapped open slightly higher, but traded lower to trigger our long entry mid-morning. This entry made it to the R1 pivot, but only within 10 cents of our initial profit target, so exit was at the fall back to the 50% to target level. A second entry opportunity occurred late in the day and traded to our profit target this time, with exit end of day.

Rayonier Inc


Extra Innings and Opportunities for Friday, July 13, 2007:

Bunge Ltd


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