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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Brasco One who wrote (18667)1/11/2013 6:40:04 AM
From: 2MAR$   of 18998
 
Trade was long up to the 50ma, then short there once again with some weight to maximize, patterned after yesterday's R, still a situation where many up 30% and were going to take profs.

50ma also worked perfectly for the fade, trade them dont fall in love with them, was in 26/27s up to 32, long again up to 37's playing it up, big money maker to end & start the yr with along with this CELG runaway frieght train & GS ....(and fading AAPL of course, fanboys underestimated Samsung's Galaxy/innovation)

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