Market Flogging

Trend trading in the stock market

Thursday, April 12, 2007

heh heh heh heh .....BEAV

Bought BEAV today. Looking at it now, eight hours later, it doesn't look as good, but still not bad.







I have my stop set below 31. The volume the past two days leads me to believe we're ready for the next let up. However, looking at the chart now, this guy has a history of trading below previous lows in the uptrend. Just not quite as clean as I like, but I'll give it a shot.

Today's bredth was excellent. Only OI, DYN and TER finished lower today, and all just by a touch. The market still managed to out-do me by .12%. The penalty for not being fully invested. Some days it works to my advantage.

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