[Opening Position in The Blackstone Group (BX)]
Dear Member:
Finally, the market has broken out and up presenting me with more bullish opportunities. One such situation appears to be The Blackstone Group (BX) which many of you know I have had some success with before. It has broken some resistance and is above the 20 day exponential moving average. Both MACD and DMI appear to be accelerating. I am placing an order to buy BX at a limit of $17.80.
DISCLOSURE: At the time of publication, I have no position in BX.
Sincerely,
Bill Kraft
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