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PLAY >New Drops Sunday, April 22, 2001
New Split Drops   New Candidate Drops   New Momentum Drops
(We update our stop losses daily at the CURRENT PLAYS page.)

New Split Drops

PFGC - Performance Food Group $51.55 (-2.36)

PFGC knocked on the door of a significant breakout all last week. Impatient traders finally tired of waiting for the next move and sold PFGC all day Friday. Granted, we did achieve a decent profit with this play, but we sure would have liked to have seen a strong rally ahead of the split on April 30th. PFGC will likely find support right around its 50-DMA of $49.31.

Picked on March 25th @ $49.50
Profit/Loss +3.00  (6%) (Stopped Friday @ $52.50)
Best Profit +6.03 (12%)
Interactive Chart Quote News First Call on PFGC

New Candidate Drops

SPW - SPX Corporation $98.29 (+1.98)

SPW hit our trailing stop of $98 on Friday, so we exit here with a small profit. SPW had been coming off a "V" bottom and ran into resistance at its long term down trend line. We may revisit this play again soon, as it is continues to be a good stock to trade off support levels.

Picked on April 12 @ $96.31
Profit/Loss +1.69 (2%) (Stopped Friday @ $98.00)
Best Profit +3.78 (4%)
Interactive Chart Quote News First Call on SPW

New Momentum Drops


Drops Index


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