Friday, May 04, 2007

Collective2: LNC out

Another Trade Ideas pick reached its 6% target. The 100 share lot closed for a +$419 gain. Equity exposure in the portfolio has been reduced to 27% from 44% in light of a market (the Nasdaq primarily) which looks to be slowly rolling over. The March-May gains have been good but it looks like it is time to turn cautious once more.

The Trade Ideas scan picked up its buying pace from yesterday's sluggish action. The top-8 picks covered 2 minutes. A "20-appearance" list would have covered almost 4 hours (stocks not shown)