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Lazy Trade Long & Short: AUTH & IBM

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July 23, 2012 – Comments (0) | RELATED TICKERS: AUTH , IBM

Gap downs are a beast for the bears to hold together - especially those that go bonkers in the form of -20 points or more on the S&P. I actually added today's lazy long trade Authentec (AUTH) right before posting this  at $5.02. It's one of the better setups that I've seen out there today is currently trading where I recently got in at. But I have to credit @brysenp for the find. 

LONG: Authentec (AUTH)

SHORT: International Business Machines (IBM)

 

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