A good daytrade for BX for some easy quick $$

[whodi]

Buy it for a daytrade if it breaks over 36, and short it if it goes under 35.80, tight sideways action in this range, just an FYI

[whodi]

just shorted BX, 5,000 shares at 35.80, if it can get under 35.67, will be even better, should take a little tumble

[whodi]

Covered all 5,000 shares of my short at 34.38, for a gain of 1.42 and a profit of $7,100, I hope some followed, this one was to easy to call. Huge trade in an hours time.

[whodi]

this big increase back up a dollar off lows is all the shorts covering. I love IPO's

[Goods]

Throw me a bone here and walk through what you looked for in the last hour as far as breaking up or down. Are you using a 3 minute chart or one minute? Are you looking for a clear break over or under the 13 SMA or something
different?

[whodi]

Sorry for the long response, I was gone for the weekend. I was using 1 minute charts. I wasn't really looking for anything, as I was trading throughout the day, around 2:35, I noticed that BX was trading in a tight range from 1pm-2:48pm. The stocks highs was 36 and the lows was 35.77 during this time range. I knew depending on if it past 36 it would break out to the upside and if it broke under 35.80, it would break down and would be short. It was a intra day technical breakdown, and when it was hanging around 35.80, I saw the the selling was starting to load up and that the stock was heading south. Follow the time line below and you will see it, this is a good way to daytrade and is usually how I daytrade stocks. At the sametime, when I covered my short I called it a day and missed an easy opportunity to buy the stock for another quick trade because I knew the shorts would cover and it presented another opportunity to make some money, and it shot back up a dollar real quick.

http://finance.yahoo.com/charts#char...urce=undefined