Tag Archives: bxx
Interesting speculations for bored readers: BBX
Posted on Mar 16, 2010 by WHC Bassetti.
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Something is obviously going on in BBX. Look at the volume, the power bars, the runaway bars. When joining rocket ships it is always wise to put a toe in before putting your head on the line. Divide capital commitment into 3 to 5 units. Put 1 on using the low of the day as a Basing Point with a stop 4-5% down. If it breaks the highs put on another and so on.
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Noted technical analyst WHC Bassetti has over 40 years' experience in the financial markets and is Malcom S.M. Watts III Adjunct Professor of Finance and Economics at Golden Gate University. He is editor of the Ninth Edition of Technical Analysis of Stock Trends, widely considered to be one of the true classics of market analysis.
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