Lasertrader's Place

A Potpourri Of Trade Ideas and Setups

New Watchlist Setups for Friday 1/8

Posted by lasertrader on January 8, 2010

My scans showed a lot of continuation trades but no new long setups to add for Friday. I am adding two potential shorts to the watchlist that will give me some exposure if the market decides to pull back or take a breather.

Two of the long holdings moved up nicely on Thursday (CYD and JOYG). I will be watching these closely to lock in gains if the market weakens.

Note: These setups are not intended to trigger immediately. Sometime they do and sometimes it takes a couple of days. All open setups are listed on the Trade Setup Status page.

BIDU short 398.75

POOL short 18.45

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