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February 2004
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[Previous entry: "ROV 7% on the first half at Fibmaster's profit point--we'll take it!"] [Main Index] [Next entry: "Closing AA, AL, and TCB--combined loss of 71 cents"]

02/26/2004 Archived Entry: "BBX 3x3 triggers exit for small loss"

click here for BBX chart
2/26 On 2/20 we went short BBX @ $17.41 EOD with the cross down of the 3x3 on daily. (This was an aggressive entry as the blue line had not crossed down over the red line, the TR of the TRSI). We are closing BBX 2/25 with the close above the 3x3 @ $17.50 for a 9 cent loss. In Chart Review Fibmaster states, "Traders may enter this one if it breaks down, but we're out of patience. Something is holding this chart up, the sellers are not materializing. There are better charts to trade, our attention is directed to other opportunities."
click here for Chart Review(42k file)

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