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[Previous entry: "DY precautionary exit -53 cents"] [Main Index] [Next entry: "TIN Half for profit and half for b/e"]
03/07/2004 Archived Entry: "ADP Taking half off at Profit Point for +$1.64"
click here for ADP chart
3/4 On 3/2 we went long ADP @ $42.85 at the open. On 3/4 when it hit its first profitpoint we exited half our position EOD @ $44.49 for a quick $1.64 gain (3.8%). There is still a chance that the second profitpoint will be reached ($45.75), but we will exit the rest of our position if it retraces too much and TRSI crosses down.
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