November 1, 2011 - Trade Strategy

The following are the individual issues we identified for trading on 11/1/2011 prior to the open:

Trade #1 

Symbol: NPSP Trade: Long  Entry Price: $5.10 Exit Price: $5.55 Stop Loss: $5.00 

ACTUAL 

Symbol: NPSP Trade: Long  Entry Price: $5.05 Exit Price: $5.56 Stop Loss: $5.00

Trade #2 
Symbol: EXEL Trade: Long  Entry Price: $4.55  Exit Price: $5.15 Stop Loss: $4.45 
ACTUAL 
Symbol: EXEL Trade: Long  Entry Price: $4.55  Exit Price: $4.77 Stop Loss: $4.45

NPSP was a quick pop at the open which made for a quick exit at the crossover with the STOCH crossing 80.

EXEL was a trade that developed a longer hold pattern. The stock did not react as we had hoped so we sold our position early to preserve capital.