Pair Trade Pick for 12/9: Baker Hughes Incorporated (BHI) and Noble Corp. (NE)

by Administrator on December 11, 2010

BHI (Baker Hughes Incorporated) and NE (Noble Corp.) created a profitable pair trade using the bampairtrading strategy on Dec. 9th 2010. The net profit potential was $720 trading Buying (NE) at $34.55 and Shorting (BHI) at $53.62. Entered position at 10:15am and Exit at 10:55am EST.

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