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

by Administrator on July 26, 2010

$BHI (Baker Hughes Incorporated) and $NE (Noble Corp.) created a profitable pair trade using the bampairtrading strategy. The net profit potential was $190 trading Shorting (NE) at $32.32 and Buying (BHI) at $49.26. Entered position at 10:25am and Exit at 11:30am EST.

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