NEW BEARISH Plays

Exelon Crop. - EXC - close: 46.07 change: -0.93 stop: 47.71

Why We Like It:
Shares of this utility company are poised to breakdown again. The stock's oversold bounce from $46.00 has failed in the $47.60 zone all week long. Now the down trend looks ready to continue. I'm suggesting a trigger to open bearish positions at $45.75, which would be a new relative low. If triggered our target is $40.50. Our time frame is several weeks.

Annotated chart:

Entry on  November xx at $xx.xx <-- TRIGGER @ 45.75
Change since picked:     + 0.00   			
Earnings Date          01/21/10 (unconfirmed)    
Average Daily Volume:       4.4 million 
Listed on  November 12, 2009    


Maxim Integrated - MXIM - close: 17.77 change: -0.33 stop: 18.55

Why We Like It:
The rally in the semiconductor sector is in jeopardy. The SOX is struggling with the 320 level and looks ready to roll over. MXIM is also seeing a lower high and today's action definitely looks like a bearish reversal. I'm suggesting bearish positions now with a stop above today's high. Our first target is $16.25 (or the simple 200-dma, which one MXIM hits first). More aggressive traders may want to aim for the $14.25-14.00 zone.

Annotated chart:

Entry on  November 12 at $17.77 
Change since picked:     + 0.00   			
Earnings Date          01/28/10 (unconfirmed)    
Average Daily Volume:       5.3 million 
Listed on  November 12, 2009