NEW BULLISH Plays

Lindsay Corp. - LNN - close: 42.46 change: -1.33 stop: 37.45

Why We Like It:
It looks like LNN has built a very strong bottom over the last several months. Last week it broke out past resistance to hit new highs for the year. We want to launch bullish positions on a correction. The plan is to buy LNN on a dip in the $40.10-38.00 zone. If triggered our first target to take profits is at $44.75. Our second target is $48.50. Our time frame is six to ten weeks.

Annotated chart:

Entry on    August xx at $xx.xx <-- TRIGGER @ 40.10
Change since picked:     + 0.00   			
Earnings Date          10/07/09 (unconfirmed)    
Average Daily Volume:       256 thousand
Listed on  August 17, 2009    


NEW BEARISH Plays

CA Inc. - CA - close: 21.75 change: -0.81 stop: 22.76

Why We Like It:
Shares of CA have gone way too far too fast. The stock is finally beginning to correct. I'm suggesting bearish positions now to capture a couple of points on the way down. We'll use a stop loss at $22.76. Our first target to cover and take profits is at $20.15. Our second target is $19.25. I consider this an aggressive trade and readers will want to use smaller position sizes.

Annotated chart:

Entry on    August 17 at $21.75 
Change since picked:     + 0.00   			
Earnings Date          10/29/09 (unconfirmed)    
Average Daily Volume:       6.6 million 
Listed on  August 17, 2009