September 23rd 2007

Trading ideas update

I wanted to give you a status of the trades that were featured on this blog and where they currently sit.

The AMTD trade was featured on September 10th. I still like AMTD. The stock currently sits at 18.27 so my entry has been hit. I am waiting to see where this one wants to go.

The FCX trade was featured on September 11th. FCX has been a great stock for me. My entry was hit at 92.15 and the stock has taken off. The best trades are profitable from the beginning and FCX is a great example as it has blown through my target of 107 and kept going.

The ALXN trade never setup. It’s broken down in its base and is no longer valid.

On September 19th I featured a CSCO and TNH trade. CSCO hasn’t broken out. It’s in the zone where I may pull the trigger, but I’d like to see it over 32.50 by at least a dime. TNH has tried to break, but as I stated in the post, I’m giving it at least a 2 or 3 dollar cushion above 122.50 before I pull the trigger.

Finally, on September 20th, I featured the AGU trade. AGU broke out on 9/21 and did well. Volume was exceptional and I’m eager to see what this week holds.

Ok, we’re up to date. Good luck this week!

If you like this post, then consider subscribing to my full feed RSS feed. You can also Subscribe to A Trade A Day by Email and have new posts sent directly to your inbox.

AddThis Social Bookmark Button

No Comments yet »

Trackback URI | Comments RSS

Leave a Reply

« Blog Traffic Strategies. | Profiting from Double Bottoms »