Position Updates & Gauges for Trading on 6/6/2014

Mish Schneider | June 5, 2014

Notes:

THC: Reached P1 48.69 sold 1/2 position at target

Raise stop PLD no loss with First Profit target close

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Buy OI on a 33.51 buy stop limit up to 33.55 Means has to trade up there before the buy ATR .43

Name of Instrument: Owens-Illinois

Once Filled Sell Stop 32.29 or about 3 ATRs risk

Reason For Trade: Clears chart point since mid-April. Over 80 month moving average. Potential to 38 or better

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Existing Position: Long PLD 41.31 ATR .56

Breakeven Stop: 41.31

Current Price: 42.53

Name of Instrument: ProLogis Inc

Reason For Trade: Nearly 3 months of consolidation, clearing the 50 DMA, over the 80 month moving average, has potential to 43.00 and above

First Target: 42.98 for 1/3

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Existing Position: THC: Long 45.35 ATR 1.38

Name of Instrument: Tenet Healthcare

****Trailing Profitable Stop: 46.77

Current Price: 49.43

Reason For Trade: 2014 pick. Held the 65 weekly and 23 monthly moving average. Corrected to the 200 DMA and held-long term potential over 50.00 great.

***REACHED: First Target: 48.69 for ½

Second Target: 52.00

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