Trades for 30th January,2013
Trade 1
Short ARNA From our watch list.
Entry 8.16/Stop 8..25
Target 1 8.00 Never hit. We finally covered for +.08 EOD.
Target 2 7.80 ARNA never gave us a chance during regular hours
and then hit 7.89 AH.
This was painfully slow.And took the entire day.
Trade 2
Short RIMM From our watch list.
Short 14.78/Stop 14.98
Target 1 14.50 1/2 +.28
Target 2 14.00 1/4 +.78
Target 3 13.78 1/4 +.1.00
We missed most of the run because we were in ARNA trade.
Entry finally came in the afternoon.
risk/Return .20/1.00 =500%


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