Trades for 9th April,2013

Trade 1

  Short  LXK         From our watch list.

 Short    26.33/26.40

 Target  1      26.20          1/2   +.13

 Target  2      26.00           1/4  +.33

 Target  3      25.50         Never hit.

 We covered   rest for +.23 and +.18.

risk/Return   =  .07/.33  = 470%

Very low risk trade. 

Even though I called the trade at .33 and some of the members got the trade,I only managed to get in @.24
due to fast drop.

Great morning trade.



Trade  2

    Long  FFIV  From our watch list.

   Entry 72.34/Stop72.24

  Target  1     72.50            1/2 + .20!

  Target  2     72.85            1/4 +.40

  Target  3     73.50            Never hit. We covered more for +.43

                                          And  stopped out rest for +.10.

   risk/Return    = .10/.40  =  400%


 Trade took off immediately after entry.(literally within a mintue).