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Lazy Trade Long & Short: ARUN & DNKN

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August 15, 2012 – Comments (0) | RELATED TICKERS: ARUN , DNKN , AIG

Just as I'm writing this post, I got in Aruba Networks at $16.79. The ideal breakout level is at $16.76, which is where it just dropped back down to. I really wasn't planning on increasing my exposure to the long side today, because of the belief we might see a short-term pullback, so as a result, I'm going to cut one of my other longs that I still have. It'll likely be AIG, which has some nice gains, but not a stock, I want to hold much longer anyways. 

The short comes from Dunkin' Brands (DNKN) - yes the Donuts company. They've seen a nice sell-off lately, and look like they are setting up for another move lower as a result with the bear-flag formation it is currently in. 

Here's is today's lazy-trades

LONG: Aruba Networks (ARUN)

SHORT: Dunkin' Brands (DNKN)

 

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