Trading Ideas Update

October 14th 2007

Time to review open and featured trades over the past week.

The AMTD trade is still moving well. I am a little over 2R, but I’m going to let it fall back into the 10 SMA and see what it does.

The TNH trade and CSCO trade are still open.

The AGU trade is doing well. Sitting at 3R right now.

The GT trade hasn’t gone anywhere. It looks like it’s forming a handle with an entry over the 31.40 area. I’m going to hold to see what happens with this potential handle.

I got in the SINA trade at 52.00. We’ll see what happens.

The WYNN bear flag is no longer valid.

The SIF trade should have broken out by now. The pattern is no longer valid.

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