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

by Administrator on September 3, 2010

BHI (Baker Hughes Incorporated) and NE (Noble Corp.) created a profitable pair trade using the bampairtrading strategy. The net profit potential was $80 trading Shorting (NE) at $32.99 and Buying (BHI) at $39.59. Entered position at 12:45pm and Exit at 2:15pm EST.

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