Trading Ideas: Q’s Up, VNDA Soared

Editor's Note: below are just some trading ideas flow from our latest Headlines.

"Cubes Speculator Bulletin"

October 08, 2007 @ 10:00 PM:

• The overall trend is up and you better respect it.
• A move to above $53.16 will confirm a test of the long-term resistant at the $53.50…

As you can see, QQQQ hit as high as $53.57 Wednesday afternoon immediately after Tuesday bullish broke out above the $53.16 level. The recent call option setup holds an amazing gain of +104% in just 4 day.

"Swing Trader Bulletin"

October 8, 2007:

• Vanda Pharmaceuticals Inc (VNDA) pulled back to support at the previous bullish breakout point.

Shares of VNDA – profiled on our "Swing Trader Bulletin" as a potential buy candidate – jumped another +11% Wednesday on the heel of Tuesday +8% gain. The set up gains about +20% in just 2 days.

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