Thursday, June 26, 2008

Trades for Thursday 6/26/08


Perhaps the proverbial shit has finally hit the fan.........unfortunately I was on the wrong side of it today. My STP kicked in early, which is a good thing at this point. I decided yesterday that I wasnt going to take the chance and wait for earnings. So....


Closing Trades:

Sold ACN @ 38.87



In terms of opening a new position today, Im inclined to sit back and wait, however, there is one long that fits the strategy. I just havent decided if Im going to play it or not.



Possible Trades for the Close:

Shorts:

LEN (not looking for the regular 1/2 pt on this one given the prx)



Longs:

RBN



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