Thursday, June 28, 2007

Plays for June 29

Two longs and three shorts.

Long IMH 4.39

Long IOC 24.60

Short CBAK 4.42

Short VRNM 5.97

Short XNL 1.83

Recap:
IOC -5.5%

WHI -3.6%

AVNR +0.4%

UVE +1.7%

Chasing momo:
PWE in 33.75 out 33.50

NDN in 13.66 out 13.47 way too late on entry

TTI in 27.90 out 28.24 good entry but the move was sold back down

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