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Wednesday, April 10, 2013

BBSI

BBSI is another one of those annoying trades that just doesn't turn out as planned. I had a pretty good profit in it and was going to hold it during the last pullback, but then figured it would go to the 50dma, so I sold it a 50, which just about marked the bottom. I refused to buy it back thinking the move back up was not going to last, then gave up and bough it back today, fortunately in time to catch today's run. I don;t know what posessed me to believe it was going to the 50, when it hasn't been there in the last 6 months: next time I will try not to outsmart myself.

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