[Capital Essence NewsDesk] Overall it was a quiet day on the Street. Although, the "Swing Trader Bulletin" had locked in a couple of handsome profits from positions like Concur Technologies Inc (CNQR) +7.69%; Dresser-Rand Group Inc (DRC) +3.47% …etc. In less than a week, 2 out of the 7 different portfolio positions locked in a profit of 5-10%. 3 out of the 7 different portfolio positions locked in a profit of 1-5%. And only 2 got stopped out at a breakeven-to-slightly-negative (about 1%).
Editor's Note: below are just some trading ideas flow from our latest Headlines.
"Cubes Speculator Bulletin" September 5, 2007
- Price seems to be stabilized around the $49 level. [Expect the QQQQ] to move sideway, within the $48.80-49.50 range Thursday.
The QQQQ traded back and forth within the $48.81-$49.36 range, which was pretty close to the expected range. Any options traded could have accumulated more than 30% intraday.
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