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  • pfein2012 pfein2012 Jun 14, 2012 9:17 AM Flag

    A little TA

    At the end of the day BSX fell as the market fell.
    But volume was lower for the day as compared to the up day of the day before.

    I was wrong adding at 5.75 with BSX closing at 5.71.

    Your comment about my 200 shares, well, that is all I can afford and for that I apologize to you for being richer and better in investing.

    Good luck to you too.

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    • "At the end of the day BSX fell as the market fell."

      Actually, it peaked around 11:30, and went downhill from there.

      "I was wrong adding at 5.75 with BSX closing at 5.71."

      I wouldn't necessarily say you were wrong, unless it was a day trade.

      "Your comment about my 200 shares, well, that is all I can afford and for that I apologize to you for being richer and better in investing."

      No need to apologize, I was just funning ya.

      But when you mentioned it was above the 200 MA, and that it was bullish (and that Institutions would be looking at it) didn't sit right with me.

      As I mentioned, it has spent the better part of the year UNDER that MA. To think that the because it closed above it the other day was bullish, was not right, for obvious reasons.

      GL

 
BSX
18.40+0.24(+1.32%)Apr 17 4:02 PMEDT