Pairs Trader

(Alpha Natural Resources – Arch Coal ) are two coal giants that we paired for Prodigio in Thursday Nights Pairs Hour Show. The pair has been quite a wild mustang and seems to have found support around the $3.90 price level. We discussed that the “KOL” Coal Vector Index was actually still searching for a bottom and could cause continued drag on the pair. Certainly, we are aware and will be watching the pre-market and the first couple of minutes very closely, in order to go or not to go with the pair. We are going to set our entry for $3.90 or less with a tight stop for the pair of $3.50.

We are changing our pending short entry on the “BHP-BBL” pair from 10.48 down to $9.92. Please be sure to either change the entry in your Prodigio rules, or download the updated files in Friday’s newsletter. We will be sending out an advisory Friday morning, to make sure that all are properly informed..

We are putting “ACI” in two competing pairs for Friday’s price action. Let’s see if either “ANR-ACI” or “BTU-ACI” will get an entry first. Upon entry by either pair, we will de-activate the opposing pair until the pair trade is closed freeing up our single stock “ACI”..

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“Ninja Pairs” – No new trades to be announced for our “Ninja Pair Trades”. Please keep in mind that all “Ninja Pair Trades” are self directed trades strictly managed by you the individual trader, and “Ninja Pair Trades” are not tracked in our “Pairs Port-folio”…

For any questions, comments or new ideas, please email me at pairstrader@shadowtrader.net. “Friday & Wishing Everyone A Safe & Happy Weekend!”

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