Sunday, April 10, 2011

Trading ideas for April 11, 2011



 After a series of Doji days we had in the past week. Market begins to show signs of weakness with SPX closing slightly below March highs. We have been on a monster run since mid-March, therefore, a small 2 - 4% pullback is actually healthy in order for the market to setup for the next bull run. In times like this, we should always have LONG/SHORT ideas prepared. Let's check it out.



LONGs: EXEL KV/A MELA ATEA IDT VRTX
SHORTs: BORN LNG FTNT









SHORTS:



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