NEW BULLISH Plays

Airgas Inc. - ARG - close: 49.84 change: +0.71 stop: 44.75

Why We Like It:
ARG provides industrial equipment and specialty gases around the U.S. This past week the stock broke out from a multi-week consolidation past resistance near $47.00. Now the stock is testing round-number, psychological resistance at $50.00. I'm suggesting readers buy ARG on a dip at $47.25. If triggered our first target is $52.45. Our second target is $54.85. More aggressive traders could aim higher. The Point & Figure chart is bullish and predicting a $74 target.

Annotated chart:

Entry on September xx at $xx.xx <-- TRIGGER @ 47.25
Change since picked:     + 0.00   			
Earnings Date          10/22/09 (unconfirmed)    
Average Daily Volume:       1.5 million 
Listed on September 19, 2009    


Starwood Hotels - HOT - close: 34.09 change: -0.09 stop: 28.95

Why We Like It:
HOT is a high-beta name that has been out performing the rest of the market. Shares have soared from their September lows near $27.50. Now it's time for a little profit taking. I'm suggesting readers buy HOT on a dip at $30.50. If triggered our first target is $34.00. Our second target is $37.50. FYI: the Point & Figure chart is bullish with a $53 target. Plus HOT has above average short interest (more than 15% of the float) that can keep the rally going as bears cover their positions.

Annotated chart:

Entry on September xx at $xx.xx <-- TRIGGER @ 30.50
Change since picked:     + 0.00   			
Earnings Date          10/27/09 (unconfirmed)    
Average Daily Volume:       3.4 million 
Listed on September 19, 2009    


Market Vectors: Steel - SLX - close: 54.20 change: -0.19 stop: 47.49

Why We Like It:
Steel stocks have been strong and the SLX steel-sector ETF broke out past major resistance at $50.00 in the last two weeks. The rally is stalling and we want to be ready when the ETF retests broken resistance as new support. I'm suggesting readers buy the SLX at $50.25. We'll use a stop loss at $47.49 just in case it tries to fill the gap from September 8th. If triggered our first target is $54.75. Our second target is $59.50. Our time frame is several weeks.

Annotated chart:

Entry on September xx at $xx.xx <-- TRIGGER @ 50.25
Change since picked:     + 0.00   			
Earnings Date          00/00/00 
Average Daily Volume:       309 thousand
Listed on September 19, 2009