Fundamental Trader Alert

By: Mark McMillan | Wed, Oct 11, 2006
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10/11/2006 9:25:45 AM

We are going to enter two short trades...

The first is an ETF trade, which is to short the S&P500 (Amex:SPY). We want to get an entry at $135.00 per share so we will enter the trade on a limit order.

Sell short shares of SPY at a limit of $135.00 or better.

The second is for LAM Research (NASDAQ:LRCX). We will provide full information, but LAM Research put in a quasi evening star in Tuesday's trading and the report after the close today.

Sell short shares of LRCX with a limit of $47.00 or better.

Please feel free to send emails with any questions you may have.

Regards and Good Trading,

 


 

Mark McMillan

Author: Mark McMillan

Mark McMillan
Fundamental Trader Alert

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