Stock picks

Strictly on technicals, I am picking these stocks for long and short positions:

Short: ALJ, CTAS, RSH, APOL, STT, ATHR, CHH, DISH, CVS, BAX

Long: REP, JOSB, PXD, ARTC, BVN, ACAS

Pairs: REP/PXD, ALJ; ACAS, STT

Note: STT is on SEC list of protected short stocks.

The strategy has not been backtested and I make no assurances of performance. You use these recommendations purely at your own risk.

2008-09-24 14:45

Any sane person would want to have been on the opposite side of almost every one of those trades. The longs were consistently way off and the shorts would have lost money, too.

Short positions

ALJ	3:58PM ET	15.81	1.99	14.40%
CTAS	3:59PM ET	28.29	0.25	0.88%
RSH	3:59PM ET	17.06	0.13	0.77%
APOL	3:59PM ET	57.51	1.49	2.53%
STT	3:59PM ET	54.67	0.64	1.18%
ATHR	3:59PM ET	23.96	0.40	1.70%
CHH	3:59PM ET	28.94	1.70	5.55%
DISH	3:59PM ET	23.83	0.19	0.80%
CVS	3:59PM ET	33.16	0.50	1.49%
BAX	3:59PM ET	65.09	1.08	1.69%

Long positions

REP	3:58PM ET	29.22	0.15	0.52%
JOSB	3:59PM ET	31.72	7.99	20.12%
PXD	3:59PM ET	56.61	0.11	0.19%
ARTC	3:59PM ET	29.73	4.27	12.56%
BVN	3:59PM ET	23.39	0.48	2.01%
ACAS	3:59PM ET	26.18	1.90	6.77%