Closed Plays


ACI and BRK.B have been closed.


Play Updates


AK Steel Holding - AKS - close: 14.23

05/14 update: Worries of a slow down in the second half of 2011 have weighed heavily on the steel stocks. Shares of AKS continued to fall and have now broken down under technical support at the 200-dma. Shares fell toward round-number price support near $14.00 on Friday afternoon. AKS is now very short-term oversold with a nearly constant decline from its late April highs. The stock is overdue for a bounce but I'm concerned that may not happen in time. If the stock market continues to fall on Monday we could see AKS hit our stop loss at $13.90. I am not suggesting new positions at this time. The recent breakdown in AKS is very bearish. More conservative traders will want to consider an early exit now!

AKS can be volatile so our plan was to limit our risk by keeping our position size small. Our long-term target is the $25.00 area.

- Current Positions -
Feb 22, 2011 - entry price on AKS @ 16.10, option @ 1.55
symbol: AKS1221A20 2012 JAN $20 call - current bid/ask $ 0.48/ 0.52

- or -

Feb 22, 2011 - entry price on AKS @ 16.10, option @ 2.95
symbol: AKS1319A20 2013 JAN $20 call - current bid/ask $ 1.50/ 1.63

05/14/11 AKS has confirmed its bearish breakdown. Readers will want to consider an early exit now!

Current Target: $25.00
Current Stop loss: 13.90
Play Entered on: 02/22/11
Originally listed on the Watch List: 12/25/10


Allegheny Technology - ATI - close: 68.81

05/14 update: ATI received an upgrade to a "buy" from Goldman Sachs last week but the news failed to have any lasting impact. ATI is still chopping sideways in the $68-72 range. If ATI breaks support at $68 I would anticipate a drop toward the $65 level and possibly the 100-dma. More conservative traders may want to raise their stop loss closer to the $65 level. ATI only lost about $1.20 on the week but I am not suggesting new positions at this time.

- Suggested Positions -
Mar 10, 2011 - entry price on ATI @ 60.78, option @ 6.40
symbol: ATI1221A70 2012 JAN $70 call - current bid/ask $ 8.30/ 8.60

- or -

Mar 10, 2011 - entry price on ATI @ 60.78, option @ 10.20
symbol: ATI1319A70 2013 JAN $70 call - current bid/ask $13.30/14.40

04/30/11 New stop loss @ 61.90
04/30/11 Adjusted targets to $74.50 and $84.50
04/02/11 New stop loss @ 59.00

Current Target: $74.50, and $84.50
Current Stop loss: 61.90
Play Entered on: 03/10/11
Originally listed on the Watch List: 02/05/11


Boeing Co. - BA - close: 79.03

05/14 update: BA is still holding up pretty well. Shares only suffered a minor loss for the week. The stock is consolidating sideways in the $78-80 area. Given the market's recent weakness I am not suggesting new positions at this time. If the stock market continues to sink we should expect BA to break lower and probably retest support in the $76-75 area. A bounce near $75 could be used as a new bullish entry point.

Please note that I am raising our stop loss to $73.90.

- Current Positions -
Apr 27, 2011 - entry price on BA @ 76.50, option @ 4.50
symbol: BA1221A80 2012 JAN $80 call - current bid/ask $ 6.05/ 6.15

Apr 27, 2011 - entry price on BA @ 76.50, option @ 4.95
symbol: BA1319A90 2013 JAN $90 call - current bid/ask $ 5.80/ 6.00

05/14/11 New stop loss @ 73.90
04/27/11 Play opened. Small positions.

Current Target: $89.00, and $104.00
Current Stop loss: 73.90
Play Entered on: 04/27/11

Originally listed on the Watch List: 03/26/11


BE Aerospace Inc. - BEAV - close: 37.84

05/14 update: BEAV displayed some relative strength last week and managed to end the week with a gain. I wouldn't celebrate just yet. The stock ha been unable to break the bearish trend of lower highs. This trend goes all the way back to the highs from late 2007. Now with the stock market looking fragile there is a good chance BEAV is about to roll over again. I would expect a dip back toward the $35.50 level of support or even the simple 200-dma. If we're lucky shares might bounce at the 50-dma near $36.00.

A drop back toward $35 would be very painful for our calls. I am suggesting we sell part of our position now to lock in a gain. More conservative traders may want to just exit completely right here. I am not suggesting new positions at this time. If somehow BEAV breaks out higher then I'm moving our upside target to $42.50. I am also moving our stop loss to $34.75.

- Current Positions -
Feb 23, 2011 - entry price on BEAV @ 34.00, option @ 2.75
symbol: BEAV1116G35 2011 JUL $35 call - current bid/ask $ 3.60/ 3.90

05/14/11 Sell at least half now. Bid @ $3.60 (+30.9)
05/14/11 Adjusted upside target to $42.50
05/14/11 New stop loss @ 34.75
04/30/11 New stop loss @ 33.95
04/09/11 New stop loss @ 32.95
04/02/11 New stop loss @ 31.95

Chart of BEAV:

Current Target: $42.50
Current Stop loss: 34.75
Play Entered on: 02/23/11
Originally listed on the Watch List: 01/22/11


Bristol-Myers Squibb Company - BMY - close: 28.81

05/14 update: Investors have been turning to more defensive names, which is probably why BMY is still trading near its three-year highs. I'm still concerned that BMY looks overbought but big cap defensive names will probably fare better than most if the stock market declines. BMY should have some support at $28.00. I am not suggesting new positions at this time.

Our long-term targets is $32.00. Investors might want to consider turning this trade into a calendar spread or vertical spread to maximize its potential.

- Suggested Positions -
Mar 14, 2011 - entry price on BMY @ 26.14, option @ 1.13
symbol: BMY1221A27.5 2012 JAN $27.50 call - current bid/ask $ 2.29/ 2.34

- or -

Mar 14, 2011 - entry price on BMY @ 26.14, option @ 1.63
symbol: BMY1319A27.5 2013 JAN $27.50 call - current bid/ask $ 2.97/ 3.05

Current Target: $32.00
Current Stop loss: 24.95
Play Entered on: 03/14/11
Originally listed in the New Plays 03/12/11


CACI International - CACI - close: 62.71

05/14 update: CACI still looks pretty good trading near multi-year highs. Shares did consolidate sideways the last few days but that's healthy. If the market corrects lower we can look for CACI to dip toward the $61-60 zone. A bounce from the $60 area can be used as a new bullish entry point.

Earlier Comments:
I do consider this a more aggressive trade and if we keep our position size small we can limit our risk. Our first upside target is $69.00. CACI doesn't have LEAPS so we'll have to use the 2011 September calls.

- Current (small) Positions -
Apr 4, 2011 - entry price on CACI @ 62.04, option @ 3.30
symbol: CACI1117I65 2011 SEP $65 call - current bid/ask $ 2.55/ 2.85

05/07/11 New stop loss @ 57.75

Current Target: $69.00
Current Stop loss: 57.75
Play Entered on: 04/04/11
Originally listed on the Watch List: 02/12/11


Canadian Natl. Railway Co. - CNI - close: 75.64

05/14 update: You might naturally think that a drop in oil prices, which means lower fuel prices, would be celebrated by the transport stocks. Yet transports were unable to avoid the selling pressure last week and railroads stocks underperformed. Good news about lower oil prices were overshadowed by concerns of a slow down in the economy. I am not concerned that the CNI might retrace lower toward its rising 100-dma, which would be a painful move in our options but the long-term up trend for CNI would still be intact. More conservative traders may want to consider a much tighter stop loss to limit potential losses. I am not suggesting new positions at this time.

- Current Positions -
Feb 28, 2011 - entry price on CNI @ 72.39, option @ 2.90
symbol: CNI1221A80 2012 JAN $80 call - current bid/ask $ 3.10/ 3.40

05/05/11 new entry point @ 75.00
04/02/11 New stop loss @ 69.00

Current Target: $89.00
Current Stop loss: 69.00
Play Entered on: 02/28/11
Originally listed in the New Plays 02/26/11


Costco Wholesale - COST - close: 82.72

05/14 update: COST is still bucking the trend in the market. Shares rallied to new all-time highs last week and COST continues to look overbought here. More conservative traders may want to either take profits now or up their stop loss significantly. Earnings are coming up in about ten days. If COST extends its gains this coming week I will seriously consider taking an early exit in front of the earnings report to avoid any negative surprises in COST's report. I am not suggesting new bullish positions at this time.

Please note our new stop loss at $75.75. Conservative traders may want theirs even higher.

- Current Positions -
Apr 7, 2011 - entry price on COST @ 76.37, option @ 3.80
symbol:COST1221A80 2012 JAN $80 call - current bid/ask $ 7.20/ 7.35

- or -

Apr 7, 2011 - entry price on COST @ 76.37, option @ 5.05
symbol:COST1319A85 2013 JAN $85 call - current bid/ask $ 7.95/ 8.15

05/14/11 New stop loss @ 75.75
04/30/11 New stop loss @ 73.40

Current Target: $89.50, 99.00
Current Stop loss: 75.75
Play Entered on: 04/07/11
Originally listed on the Watch List: 01/29/11


Walt Disney Co. - DIS - close: 41.52

05/14 update: DIS had rally toward multi-year highs on May 10th but the stock sold off sharply following its earnings report. Analysts were looking for 56 cents a share. DIS delivered 49 cents, a 7-cent miss. The sour spot in their report was their Parks and Resorts division that saw income slide -3%. Shares of DIS gapped open lower the next day and spent the rest of the week consolidating near technical support at its 100-dma.

The stock continues to have additional support in the $40 area but many of the technicals indicators have naturally turned bearish following recent trading. It may take several weeks for DIS to find its footing again. I am not suggesting new positions at this time.

- Current Positions -
Oct 27, 2010 - entry price on DIS @ 35.60, option @ 2.23
symbol: DIS1221A40 2012 JAN $40 call - current bid/ask $ 4.00/ 4.10

- or -

Oct 27, 2010 - entry price on DIS @ 35.60, option @ 3.63
symbol: DIS1319A40 2013 JAN $40 call - current bid/ask $ 6.05/ 6.15

02/12/11 New stop loss @ 37.85
02/09/11 1st Target Hit. Options @ +137% and +103%
02/05/11 New stop loss @ 35.75
01/08/11 New stop loss @ 34.95
01/08/11 Target changed to $43.00 and $46.00
10/27/10 Play opened, DIS opened @ $35.60

Current Target(s): $43.00, 49.00
Current Stop loss: 37.85
Play Entered on: 10/27/10
Originally listed on the Watch List 10/24/10


Dow Chemical - DOW - close: $38.37

05/14 update: Our new DOW play is not off to a great start. The rally early last week failed. I did suggest readers could look for a dip toward the 50-dma as a new entry point that that is exactly what DOW has provided. However, the stock market looks fragile and could see further declines. Readers may ant to wait and see if shares of DOW bounce from the 100-dma instead as an alternative entry point to buy calls.

More conservative traders could put their stop closer to the rising 100-dma instead. Our long-term targets are $47.00 and $56.00. FYI: The Point & Figure chart is bullish with a $69 target.

- Current Positions -
May 9, 2011 - entry price on DOW @ 39.60, option @ 3.70
symbol: DOW1221A40 2012 JAN $40 call - current bid/ask $ 2.85/ 2.89

- or -

May 9, 2011 - entry price on DOW @ 39.60, option @ 4.00
symbol: DOW1319A45 2013 JAN $45 call - current bid/ask $ 3.20/ 3.35

Current Target: $47.00, $56.00
Current Stop loss: 35.90
Play Entered on: 05/09/11
Originally listed on the Watch List: 04/30/11


Dr. Pepper Snapple Group, Inc. - DPS - close: 41.78

05/14 update: Our new watch list candidate DPS is off to a great start. The stock ignored the market's recent weakness and broke out to new all-time highs this past week. The close over resistance in the $40.00 area is very bullish. We had a trigger to buy calls at $40.55, which was hit on May 11th. If you missed the entry point readers may want to wait for another dip into the $40.75-40.00 zone as a new entry point. We'll use a stop loss at $37.95 but more conservative traders could put their stop closer to the $39.00-39.50 area instead. Currently our exit target is $46.00. DPS does not have LEAPS so we'll have to use the November 2011 calls.

- Current Positions -
May 11, 2011 - entry price on DPS @ 40.55, option @ 2.85
symbol: DPS1119K40 2011 NOV $40 call - current bid/ask $ 3.40/ 3.70

- or -

May 11, 2011 - entry price on DPS @ 40.55, option @ 1.00
symbol: DPS1119K45 2011 NOV $45 call - current bid/ask $ 1.25/ 1.45

Chart of DPS:

Current Target: $46.00
Current Stop loss: 37.95
Play Entered on: 05/11/11
Originally listed on the Watch List: 05/07/11


Brinker International - EAT - close: 25.31

05/14 update: EAT displayed some strength with a gain last week. Shares are now approaching resistance at their three-year highs in the $25.50-26.00 zone. I breakout here after a two-month consolidation would be very bullish. At the moment I am not suggesting new positions at this time.

- Current Positions -
Feb 23, 2011 - entry price on EAT @ 22.50, option @ $ 1.10
symbol: EAT1116G25 2011 JUL $25 call - current bid/ask $ 1.35/ 1.60

04/02/11 New stop @ 22.90
03/26/11 New stop @ $21.95

Current Target: $29.50
Current Stop loss: 22.90
Play Entered on: 02/23/11
Originally listed on the Watch List: 02/12/11


Ford Motor Co - F - close: 15.08

05/14 update: Ford closed virtually unchanged on the week. That's not necessarily a bad thing. The stock appears to have technical support at its 50-dma and 200-dma directly below it. On a positive note the 50-dma is flattening out. Previously it looked like the 50-dma would cross under the 200-dma, which is normally a very bearish signal. That can still happen if Ford breaks down from last week's consolidation. Readers may want to wait for a close over technical resistance at its 100-dma before considering new bullish positions.

Our long-term exit targets are $19.75 and $24.00.

- Suggested Positions -
Feb 28, 2011 - entry price on F @ 15.29, option @ 2.17
symbol: F1221A15 2012 JAN $15 call - current bid/ask $ 1.57/ 1.60

- or -

Feb 28, 2011 - entry price on F @ 15.29, option @ 1.50
symbol: F1319A20 2013 JAN $20 call - current bid/ask $ 1.00/ 1.06

- Second Position, listed May 7th, 2011 -

May 9, 2011 - entry price on F @ 15.12, option @ 1.71
symbol: F1221A15 2012 JAN $15 call - current bid/ask $ 1.57/ 1.60

- or -

May 9, 2011 - entry price on F @ 15.12, option @ 1.09
symbol: F1319A20 2013 JAN $20 call - current bid/ask $ 1.00/ 1.06

05/07/11 New entry point on bounce from $15.00
03/26/11 New stop loss @ $12.95

Current Target: $19.75, and $24.00
Current Stop loss: 12.95
Play Entered on: 02/28/11
Originally listed in the New Plays 02/26/11


Fiserv, Inc. - FISV - close: 62.00

05/14 update: FISV has spent two weeks in a row churning sideways in the $61-63 range. It's getting sandwiched between the 100-dma beneath it and the 20 and 30-dma above it. This neutral pattern doesn't offer us any clues about direction and oscillating technicals aren't much help with this much sideways movement. Obviously a close under the 100-dma or the $61.00 level would be bearish. I am not suggesting new bullish positions at this time.

- Suggested Positions -
Feb 14, 2011 - entry price on FISV @ 62.30, option @ 3.20
symbol: FISV1117I65 2011 SEP $65 call - current bid/ask $ 1.70/ 1.90

Current Target: $74.75
Current Stop loss: 57.50
Play Entered on: 02/14/11
Originally listed on the Watch List: 01/29/11
Originally listed in the New Plays 02/12/11


James River Coal Co. - JRCC - close: 21.11

05/14 update: Coal stocks have been struggling the last couple of weeks. Earnings news from JRCC this past week certainly didn't help. Analysts were expecting a profit of 27 cents but JRCC said earnings were -28 cents. That's a 55-cent miss for the quarter with revenues down more than -10%. I'm surprised the stock did not see a much steeper sell-off. JRCC produced a two-day sell-off that round support at its exponential 200-dma. This is a new relative low but JRCC has not yet broken down through likely support at its simple 200-dma or the March lows near $20.00. Of course that doesn't mean the stock won't break down below these levels. Investors seem to be selling into strength even though longer-term fundamentals for energy stocks seem to be bullish.

More conservative traders may want to abandon ship. I'm not willing to give up just yet as long as the $20 level holds up. I am not suggesting new positions at this time.

- Current Positions -
Apr 12, 2011 - entry price on JRCC @ 22.50, option @ 3.10
symbol: JRCC1221A25 2012 JAN $25 call - current bid/ask $ 1.90/ 2.20

- or -

Apr 12, 2011 - entry price on JRCC @ 22.50, option @ 4.70
symbol: JRCC1319A27 2013 JAN $27 call - current bid/ask $ 3.00/ 3.70

Current Target: $29.50
Current Stop loss: 19.90
Play Entered on: 04/12/11
Originally listed on the Watch List: 01/22/11


Monsanto Co. - MON - close: 63.79

05/14 update: This is it. It's do or die for our MON play. The stock has continued to sink under a bearish trend of lower highs and lower lows. With shares close at new four-month lows on Friday readers may want to exit early now. However, the stock has stalled near technical support at its simple 200-dma. The problem now is the stock market's recent weakness. Further declines in the major averages will likely push MON lower and stop us out under the $62 level. MON's trend has been bearish the last few weeks and a breakdown below this support level would suggest a much more deeper correction to come. We do not want to open new bullish positions at this time.

Prior Comments:
Our plan was to keep our position size small to limit our risk since MON can be so volatile at times. Our long-term targets are the $85-90 zone.

- Current (SMALL) Positions -
Mar 15, 2011 - entry price on MON @ 65.50, option @ 6.75
symbol: MON1221A70 2012 JAN $70 call - current bid/ask $ 3.90/ 4.05

- or -

Mar 15, 2011 - entry price on MON @ 65.50, option @ 8.75
symbol: MON1319A75 2013 JAN $75 call - current bid/ask $ 5.55/ 5.70

04/09/11 New stop loss @ 61.75, Readers may want to exit early now.

Chart of MON:

Current Target(s): $85.00
Current Stop loss: 61.75
Play Entered on: 03/15/11
Originally listed on the Watch List: 01/08/11


PACCAR Inc. - PCAR - close: 51.67

05/14 update: After three weeks of churning sideways PCAR displayed relative weakness on Friday with a -2.9% loss. The bearish trend of lower highs and lower lows over the last three weeks is subtle but it's still there. Shares are nearing technical support at both its 50-dma and 200-dma near $51.00. Nimble traders might want to consider bullish positions if PCAR can bounce from the $50.00 or $51.00 levels but keep your position size small to limit your risk.

More conservative traders may want to raise their stop loss closer to the $49.00 levels. I'm inching our stop loss to $47.75 but keeping our stop loss under the long-term trend line of higher lows on the weekly chart.

FYI: If looks like PCAR must have had some sort of special dividend to create these odd strike prices. Instead of a normal $55.00 strike price PCAR has $54.70 strikes.

- Current (SMALL) Positions -
Mar 21, 2011 - entry price on PCAR @ 50.75, option @ 3.70
PCAR1221A54.7 2012 JAN $54.70 call - current bid/ask $ 3.50/ 3.70

- or -

Mar 21, 2011 - entry price on PCAR @ 50.75, option @ 8.00
PCAR1319A54.7 2013 JAN $54.70 call - current bid/ask $ 6.40/ 7.50

05/14/11 New stop loss @ 47.75

Chart of PCAR:

Current Target(s): $58.00, 64.00
Current Stop loss: 47.75
Play Entered on: 03/21/11
Originally listed on the Watch List: 03/19/11


Scotts Miracle Grow Co. - SMG - close: 58.77

05/14 update: SMG managed a gain for the week but shares are retreating from their new all-time highs set on May 10th. Given the stock market's recent declines I would expect SMG to pull back toward the $57.00-55.00 zone again. No new positions at this time. Let's wait and watch to see where it bounces.

Earlier Comments:
We want to keep our position size small to limit our risk. SMG doesn't have LEAPS so we'll have to buy September calls. Our target is the $65-70 zone.

- Current (SMALL) Positions -
Mar 25, 2011 - entry price on SMG @ 58.00, option @ 3.00
SMG1117I60 2011 SEP $60 call - current bid/ask $ 2.40/ 2.65

Current Target(s): $65.00-70.00
Current Stop loss: 53.75
Play Entered on: 03/25/11
Originally listed on the Watch List: 03/05/11


Southwestern Energy Co. - SWN - close: 41.20

05/14 update: SWN has not been immune to the pull back in energy stocks but shares did seem to find some support at their 50-dma on Thursday and Friday. At the moment SWN still has a bullish trend of higher lows and higher highs. It would not surprise me to see SWN dip toward support near $40.00 or even the $39.00 level, neither of which would break the bullish pattern. I am not suggesting new bullish positions at this time. I would keep your position size small.

- Current (SMALL) Positions -
Apr 7, 2011 - entry price on SWN @ 40.50, option @ 2.90
SWN1221A45 2012 JAN $45 call - current bid/ask $ 2.95/ 3.05

- or -

Apr 7, 2011 - entry price on SWN @ 40.50, option @ 5.85
SWN1319A45 2013 JAN $45 call - current bid/ask $ 5.60/ 5.85

05/07/11 New stop loss @ 37.75

Current Target(s): $50.00-52.50
Current Stop loss: 37.75
Play Entered on: 04/07/11
Originally listed on the Watch List: 04/02/11


Union Pacific Corp. - UNP - close: 100.46

05/14 update: My comments in our CNI trade are just as appropriate here. Investors were taking profits in the railroad stocks on worries of a slow down in the economy. For the moment UNP is holding support at the $100 level. Yet if the stock market continues to slide lower I do not expect this level to hold. UNP should have additional support at its rising 100-dma (currently near $96.40). I would wait for a dip or a bounce near the 100-dma before considering new bullish positions.

- Current Positions -
May 5, 2011 - entry price on UNP @ 100.15, option @ 5.00
UNP1221A110 2012 JAN $110 call - current bid/ask $ 4.25/ 4.40

- or -

May 5, 2011 - entry price on UNP @ 100.15, option @ 6.00
UNP1319A120 2013 JAN $120 call - current bid/ask $ 5.40/ 5.95

Current Target(s): $119.75-134.00
Current Stop loss: 94.45
Play Entered on: 05/05/11
Originally listed on the Watch List: 04/30/11


CLOSED Plays


Arch Coal Inc. - ACI - close: 30.90

05/14 update: The sell-off in ACI and the rest of the coal industry continued. ACI was underperforming both its peers and the market with a sharp decline. Furthermore ACI broke down under support at its exponential 200-dma, at its simple 200-dma and at the $30.00 level. Our stop loss was hit on Thursday at $29.75 closing this trade. What's odd is the long-term outlook and demand for coal remains positive. ACI was even upgraded on Thursday but that didn't stop the sell-off.

This breakdown and close under $30.00 is very bearish and ACI could be headed for the $25-20 range.

- Current Positions -
Nov 22, 2010 - entry price on ACI @ 30.15, option @ 3.90
symbol: ACI1221A35 2012 JAN $35 call - Exit @ 2.05 (-47.4%)

- or -

Nov 22, 2010 - entry price on ACI @ 30.15, option @ 5.15
symbol: ACI1319A35 2013 JAN $35 call - Exit @ 4.10 (-20.3%)

05/12/11 Stopped out @ 29.75, Options @ -47.4% & -20.3%
04/23/11 Adjusted targets to $39.75 and $44.75
03/05/11 New stop loss @ 29.75
01/22/11 New stop loss @ 27.75
01/15/11 New stop loss @ 28.90
01/01/11 new stop loss @ 29.75
12/25/10 New stop loss @ 28.75
11/22/10 Play opened. ACI @ $30.15

Chart of ACI:

Current Target: $39.75, $44.50
Current Stop loss: 29.75
Play Entered on: 11/22/10
Originally listed in the New Plays 11/20/10


Berkshire Hathaway - BRK.B - close: 79.65

05/14 update: The situation does not look good for BRK.B. Shares have been consolidating sideways under resistance in the $81-82 zone while shares have been unable to break the bearish trend of lower highs. At the moment BRK.B looks poised to drop toward support near $79.00 and this time I'm not expecting it to hold. More aggressive traders may want to let it ride. I am throwing in the towel. I'm giving up and suggesting an early exit now before our losses get any bigger.

- Current Positions -
Oct 29, 2010 - entry price on BRK.B @ 79.00, option @ 5.00
symbol: BRKB1221A90 2012 JAN $90 call - Exit @ $1.86 (- 62.8%)

05/14/11 Exit early. BRK.B @ $79.65. Option @ -62.8%
01/22/11 2011 January calls expired (-100%)
12/11/10 New stop loss @ 77.75.
11/20/10 New entry point on bounce from 200-dma
11/20/10 New stop @ 75.75
10/29/10 Play triggered on dip at $79.00.

Chart of BRK.B:

Current Target: $ 99.00
Current Stop loss: 77.75
Play Entered on: 10/29/10
Originally listed on the Watch List 09/11/10