Go Long RAH, Short GBCI

Ralcorp Holdings is forming a bull flag; Glacier Bancorp broke major support

   

Go Long RAH, Short GBCI

Futures continue to look weak, and should this accelerate at all to the downside, it would offer us a great opportunity to add a few new long positions to the portfolio at some point during the day.

Long: Ralcorp Holdings, Inc. (NYSE: RAH)

Be aware that RAH reports earnings tomorrow, so for now, you may want to simply add it to your watch list and see how it responds to the earnings report before making a trade decision.

rah11810 Go Long RAH, Short GBCI

Short: Glacier Bancorp, Inc. (NASDAQ: GBCI)

gbci11810 Go Long RAH, Short GBCI

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Article printed from InvestorPlace Media, http://investorplace.com/2010/11/go-long-rah-short-gbci/.

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