Monday, April 20, 2009

Move BGZ Stop Loss to Breakeven (46.65)

The is no need to do this before market close today, but for tomorrow modify the GTC sell stop on BGZ to 46.65 to create a stress-free, breakeven at worst trade.

Because there is a long-shot secondary pattern scenario allowing for further upside in this advance, make sure to have the stop in place GTC. But based on how things have unfolded the last few days, I seriously doubt that last week's high will be exceeded any time soon.



  1. Nice move today, thanks for your blog and the nice calls, but most of all the reasoning behind the calls is very educational and much appreciated.

  2. Thanks

    While a little education can be dangerous, a lot of education can really help in trading. Hope the blog helps your trading.