Around the Horn: Extra Innings for August 22 |
By Julie Peterson-Manz |
Published
08/22/2007
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Stocks
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Unrated
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Around the Horn: Extra Innings for August 22
Tuesday, we had three Stocks to Watch, one Extra Inning and two Around the Horn subscription trades on our radar. Of these, one was a loss and the rest were no-shows.
Advanced Medical Optics Inc (EYE) was a Switch Hitter short for Tuesday’s Around the Horn subscription service. EYE hit our entry in the morning, not quite trading a dime in our direction before heading against us. A scratch exit could be taken here, but if still in, EYE never hit the stop loss level and once again traded down to our entry price. Whether you were still in or took second entry, EYE disappointed a second time. Exit was under the stop loss level at end of day.
Advanced Medical Optics Inc
Extra Innings and Opportunities for Wednesday, August 22, 2007:
With this market whipsawing around, the untriggered trades of the last few days have all been blown to pieces. I’ll be on the watch for more opportunities tomorrow.
P.S. If you enjoy my column and would like to join our Intraday Trading Plan, it's only $1 for a 30-day trial. Click here to start receiving our best trading setups for every trading day.
Julie Peterson-Manz is cofounder of TraderInsight.com. Email her at julie@traderinsight.com.
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