Thursday, November 15, 2012

Trades for 14th NOvember,2012

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!!!

                                    Remember, we called this to drop to 72 yesterday but, GILD was
                                    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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