Compounder Trades - 2010
These are the results from trades suggested on our "Current Plays" list.
Note: they are suggested entry and exit points! disclaimer Profits Up!!
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LAST UPDATE: 3 / 23 / 10
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3/29/10 - Stop was hit today so I closed this trade at our target 20% and will look for the next opportunity!
3/26/10 - TARGET HIT now we see where it will go. Stop in place
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3/24/10 - moving on DOWN the line!! Almost there baby...yeah!
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3/23/10 - Slip sliding away but we need some pick up if we expect to hit our profit target at $3.08
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3/22/10 - HUM did not get whacked as much as I expected but still, this healthcare bill is not a good thing in the short run for insurance companies and once it's signed into law, and if fully implemented, I believe this stock will come under some selling pressure. So, with that said I am short the $50's and will cover over $52. Looking for our 20% gain with a trailing stop.
We are currently at Level 5 because our first trade was a whopper of a winner!
3/21/10 - The landmark health scam reform bill passed the house tonight. This will have huge repercussions to health care stocks like HUM and I expect this stock to gap down at the open. I am looking for a little rebound than I will short it for our next Compounder Trade.
If the stock rises then I will sit it out and see what happens as the bill is worked out with the final details before it possibly become draconian law.
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