BX went up, then down (right call) as it usually does ~
Good for you ... that's what I would have done!
Would have bought at $25.30 ... FYI
PS: You comment is 20/20 hindsight ... next time be more "real time"!
sometimes its better to keep your mouth SHUT....bought more shares near the low this morning..
When you get as good as I am at trading, you too can call yourself a "professional trader" ~
Oil! Oh my God, oil! China! Oh my God, China! The fed, the fed, what will we do? SELL! That's what we'll do! Sell, sell, sell! When all the bU11$h*t is over, there should be quite a few bargains out there. Until then, keep that dry powder dry.
A down day is good ... you can buy at a lower price!
Soon ... you'll be praising me!
Based on Daily Closing Prices: $26.38
$25.60 - 20 SMA / BUY on 01/29 / BX Closed Above the 20SMA
22.46 - PSAR Signal / BUY on 01/29
88.37 - Short term Slow Stochastic / BUY on 01/21 / Over Bought
33.75 - Long term Slow Stochastic / BUY on 01/26
-0.66 / -1.04 - MACD / BUY on 01/25
BX has all BUY signals ... YOU decide!
IF you buy, a suggested stop could be $24.06 ~
I would like to see BX establish an up trend ... right now it is trying to form a base.
Information is provided for entertainment purposes and NO investment recommendations are given.
The Professional Trader ~
seems a fair and reasonable outcome for GSO/BX from my reads of the two pertinent articles on Yahoo!?!
also read, Why Blackstone Would Prop Up Troubled Paper Giant
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irepoyou2 • 23 hours ago Remove
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You have a little "johnson" for sure!