NEW BULLISH Plays

BE Aerospace - BEAV - close: 19.19 change: +0.39 stop: 17.45

Why We Like It:
This aircraft stock has broken out to new 2009 highs. Most of the technical indicators are positive but it's worth noting that BEAV has been developing a bearish megaphone shaped pattern over the last five weeks. Therefore I'm suggesting smaller position sizes about 1/2 to 1/4 your normal trade. We'll use a stop at $17.45. Our first target is $22.25.

Annotated chart:

Entry on September 12 at $19.19 
Change since picked:     + 0.00   			
Earnings Date          10/27/09 (unconfirmed)    
Average Daily Volume:       834 thousand
Listed on September 12, 2009    


Hornbeck Offshore - HOS - close: 24.62 change: -0.32 stop: 21.75

Why We Like It:
HOS is an oil service sector stock that has been under performing the market for most of the summer but shares have begun to turnaround. The short-term rally looks tired. We want to buy HOS on a dip at $23.25. If triggered our first target is $26.45.

Annotated chart:

Entry on September xx at $xx.xx <-- TRIGGER @ 23.25
Change since picked:     + 0.00   			
Earnings Date          11/05/09 (unconfirmed)    
Average Daily Volume:       344 thousand
Listed on September 12, 2009    


Pride Intl. Inc. - PDE - close: 29.93 change: +1.18 stop: 26.40

Why We Like It:
PDE is another oil services stock except this one has been out performing the sector. The stock's rally is testing round-number resistance at $30.00 and odds are good it could see a pull back soon. I'm suggesting we buy it at $27.65. We'll use a stop loss at $26.40. Our first target is $30.45. Our second target is $33.45. We'll plan to exit ahead of the late October earnings report.

Annotated chart:

Entry on September xx at $xx.xx <-- see TRIGGER @ 27.65
Change since picked:     + 0.00   			
Earnings Date          10/29/09 (unconfirmed)    
Average Daily Volume:           thousand
Listed on September 12, 2009