November 9, 2011 "Controlled Bounce" ALERT - Watch TRGT and IL

Again, we are watching TRGT for a "Controlled Bounce" in today's volatile trading session. Our entry exit is:


The following is the individual issues we have identified for trading on 11/9/2011:

TRADE 1

TARGET

Symbol: TRGT Trade: Long Entry Price: $7.20Exit Price: $7.95Stop Loss: $7.10

ACTUAL

Symbol: TRGT Trade: Long Entry Price: $      Exit Price: $       Stop Loss: $

We will also be  playing the gaps in this trade as we did yesterday.

We are also watching IG for an inttra-day, "Controlled Bounce" in this VERY volatile trading session. Our initial entry/exit plan is:

The following is the individual issues we have identified for trading on 11/9/2011:

TRADE 2

TARGET

Symbol: IL Trade: Long Entry Price: $5.55Exit Price: $6.15Stop Loss: $5.45

ACTUAL

Symbol: IL Trade: Long Entry Price: $       Exit Price: $       Stop Loss: $

We are playing the gaps in this trade as we did yesterday.