Pair Trade Pick: Baker Hughes Incorporated ($BHI) and Noble Corp. ($NE)

by Administrator on July 20, 2010

$BHI (Baker Hughes Incorporated) and $NE (Noble Corp.) created a profitable pair trade using the bampairtrading strategy. The net profit potential was $270 trading Shorting (NE) at $31.64 and Buying (BHI) at $48.45. Entered position at 11:15am and Exit at 12:20pm EST.

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