Pair Trade Pick – Schnitzer Steel Industries, Inc (SCHN) and Nucor Corporation (NUE)

by Administrator on December 27, 2010

SCHN (Schnitzer Steel Industries, Inc) and NUE (Nucor Corporation) created a profitable trade using the bampairtrading strategy. The net profit potential was $530 trading Buying (SCHN) at $64.90 while Shorting (NUE) at $44.50. Entered position at 10:30am EST and Exited at 11:35am EST.

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