Friday 16 January 2009

Bye bye Best Buy

A farewell to Best Buy (ticker: BBY).
With the uptick in our renko chart, time has come to say ‘adieu’ to this short. It was a nice run. We pocketed 10% with our simple system in less than 3 weeks. Not too bad. I admit: we could wait longer to see lower prices but we prefer to take the money from the table and run away.
Hey, it’s Friday anyway and the friends are waiting in the pub….




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