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The Blackstone Group L.P. Message Board

  • carolyn_novice carolyn_novice Dec 4, 2013 12:02 PM Flag

    Secondary Reaction BX @ 28.51

    Supply will come closer to today’s high 28.50-28.75, there is a gap at the opening. any move above will be short lived, depending upon the volume of bids.

    After stock makes a new high, it goes back 33% to 50%, which called and reaction. Any bounce to the reaction is called Secondary Reaction.

    Those who are short term trader they should avoid holding at these levels.

    Long-term holders should stop advising the virtues of holding and making profits disappears, and fresh losses accumulated.

    Kindly use PE to Please Exit BX


    Carolyn Novice
    I have no position and this message is helping traders

    Sentiment: Sell

24.07+0.45(+1.91%)Oct 21 4:01 PMEDT