Trade 1
Short DHI from our watch list.
We were watching DHI since yesterday.
Entry 19.04
Stop 19.15
Target 1 18.85 1/2 +.19
Target 2 18.50 1/4 +.54
Target 3 18.00 Never hit. We lowered stop to 18.80
stopped out 1/4 +.24
risk/ Return .11/ .54 =490%
Trade 2 GILD continued ........
Short GILD From our watch list.
We made good money off GILD yesterday. We kept watching GILD.
Today it ran up from open and then started drifting down again.
Entry 73.32
Stop 73.51
Target 1 73.00 1/2 +.32
Target 2 72.50 1/4 +.82
Target 3 72.00 1/4 +1.32!!!
saved by the bell. Well today it did!.
risk/Return = .19/1.32 =694%
We could not have asked for more . trade was closed near EOD.
Nice two days off of GILD.
Good things come in twos!..


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