$JNJ (Johnson and Johnson) and $LLY (Eli Lilly & Co.) created a profitable trade on both sides of the pair this morning in Tradestation using the bampairtrading strategy. The net profit potential was $270 trading buying LLY at $35.49 while shorting JNJ at $61.81. Entered position at 10:15am EST and exited at 10:55am EST.
Pair Pick - Johnson and Johnson (JNJ) and Eli Lilly & Co. (LLY) on Nov. 19th 2009