Sunday, October 14, 2007

Trade Ideas for 10/15/2007

I haven't been posting much lately, but I have been trading a lot and I'm on pace for a third consecutive record month of profits. We'll see how it goes after that little washout on Thursday. The market recovered nicely, but a V-bottom? Maybe, but I'm not approaching it with conviction that we can't see lower prices in the next couple weeks. Just gonna trade what I see.

I'm not overly excited about setups I see for Monday but here are a few to consider:

ARAY above 18.40
BLUD above 38.60
LBTYA above 42.50

I haven't checked earnings dates, so be sure to do that before considering something longer than an intraday trade.

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