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MBI today

Posted: Fri May 28, 2010 8:12 am
by MonkeyTrader
Will be watching MBI today. FYI.

Don´t say I didnt warn you !

Re: MBI today

Posted: Fri May 28, 2010 10:36 am
by MonkeyTrader
you cant say I didnt say.

Re: MBI today

Posted: Fri May 28, 2010 2:01 pm
by Bon
Not that big a deal in the scheme of things is it ?

Whats the big deal ? Sorry.. lol Cant see it. 30c move ?

Re: MBI today

Posted: Fri May 28, 2010 3:49 pm
by MonkeyTrader
I did happen to think it would extend past the 7.50

It didn´t

Still grabbed a bit, and in my book, thats ok. Profit is profit.

Re: MBI today

Posted: Sat May 29, 2010 2:23 pm
by Bon
Yes, you have a good point there, profit is profit.

There were two breakouts, did you get it all the way then ?

Good job anyway. I read the post and then got the chart up, because of the post I expected it to be like 100% or something. Sorry. Indeed a move like that can generate some very nice profits with little risk. Nice. :)

Re: MBI today

Posted: Tue Jun 01, 2010 8:45 am
by MonkeyTrader
Not all the way no.. 7.16 and eventually got stopped with just over 20c in the bag.

Just based on the preaction and the last support from the day before. normally wait for the breakout but it seemed more than likely to test the premarket level and it just flew from there so no complaints.

It was a bit annoying because I was reducing the load at 7.49 but it didn´t fill, so no profit got locked in there