DUG -Opened a lot higher than I had expected, and it had no pull back. Let’s wait for an entry still based on what the Michigan Consumer Index says. If it is bad, pull the trigger right away. If it is good, let’s wait for a retracement to 16.40 – 16.45 before entering the stock.
BBI – We got in right at the open at 0.73, and we were looking for an exit at 0.71 – 0.70, which it already hit. So, we covered at the 0.70 price just a few minutes into the session for a fantastic 4% short sale gain.
August 14th, 2009 at 9:54 am
Oxen Report Entries
DUG -Opened a lot higher than I had expected, and it had no pull back. Let’s wait for an entry still based on what the Michigan Consumer Index says. If it is bad, pull the trigger right away. If it is good, let’s wait for a retracement to 16.40 – 16.45 before entering the stock.
BBI – We got in right at the open at 0.73, and we were looking for an exit at 0.71 – 0.70, which it already hit. So, we covered at the 0.70 price just a few minutes into the session for a fantastic 4% short sale gain.
Good Investing!