Entry on a break of the previous trading day's high. Stop below the deepest pullback low. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.

IPI Intrepid Potash Inc
NRG NRG Energy Inc

Entry on a break of the previous trading day's low. Stop above the deepest pullback high. Fund managers like to trap pullback traders by triggering a pullback entry, so ignoring a first thrust can often lessen risk.

CIT CIT Group Inc
DISCK Discovery Comm Inc Ser C

Dave Mecklenburg is the Publisher of TigerSharkTrading.com.