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[Previous entry: "DPL Banking gains of $1.72 on half"] [Main Index] [Next entry: "S&P Market Wrap"]
03/17/2004 Archived Entry: "CBI A tale of two trades"
click here for CBI chart
3/17 On 3/8 we went short CBI at $27.95. After supporting near Fibmaster's 2nd profit point, CBI bounced today and we used the 60 minute chart to close the position at $25.40 for a profit of $2.55, 9%. Daily traders would use today's close for exit at $26.43, for a profit of $1.52, 5.4%. Nice gains either way.
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