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[Previous entry: "January ProfitPoint Performance Record"] [Main Index] [Next entry: "Removing VNO and AMLN from out watch list"]
02/04/2004 Archived Entry: "PAYX Taking minor gains but read how "Mojo" did!"
click here for PAYX chart
2/4 We took a Long position 1/22 @ $36.02 EOD. After nearly reaching the 2nd profit point of 38.00, PAYX turned down. On 2/3 it closed below daily 3x3 triggering our exit @ $36.41 for a modest gain of $0.39. There are always different ways to trade a chart. A ProfitPoint subscriber and chat room member, Mojo, entered PAYX long @ $35.73 and exited 1/2 of his position on 1/30 @ $37.51 for a nice $1.78 gain. Using the 60 minute chart, he exited the 2nd half on 2/3 @ $36.45 for another +$1.06. Nice job Mojo!
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