Stock Trading - SWBT 09-10-03
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September 2003 Trades      
Day Trading It Stock Pick for September 10, 2003
SWBT - Southwest Bancorp of Texas Inc.

* Our SWBT trade results in profits of up to + 60 cents per share in 2 days!

Date Stock Position Entry Current Stop Max P/L
09-10 SWBT Short 36.36

35.93

just above 36.36 up to + 60 cents per share


SWBT set up Wednesday when it traded below 36.42 @ 36.36. It traded as low as 35.76 reaching our first target of 36.16 to 36.04 (always cover at least 1/2 of your shares once your risk is covered, then move your stop to your entrance price to lock in gains) resulting in profits of up to + 60 cents per share.


Date Stock Position Entry Current Stop Max P/L
09-11 SWBT Short 36.36

36.32

closed up to + 60 cents per share


Traders holding overnight into Thursday were advised to keep your stops just above 36.36 to lock in gains and the stock hit this stop closing the trade for profits of up to + 60 cents per share.

Final Chart showing the two day trade:


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