Trades for 12th December,2012

Trade 1

 

Short WMT                From our watch list.

                                   Entry 69.50 /Stop 59.60

                                   Target   1       59.40              1/3 +.10

                                   Target   2       59.25              1/3 +.25

                                   Target   3       59.00             We covered 1/3 for +.40

                                   risk/Return  .10/.40  = 400%

Trade 2

                                 

Long DG            From our watch list.

                           Entry  43.35/Stop 43.30

                           Target  1        43.50               1/3  +.15

                           Target  2        43.75               1/3  +.40

                          

                           We moved stop to 43.60

                           Target  3         44.00              more  +.65

                           Target  4         44.25             All out   for   +.90

                           Incredible trade.

                           risk/Return     .05/.90   = 1800%