Thursday, December 5, 2013

Thursday's Outcomes: LVS, PAYX, CNX, COG, PFE

I've opened a bull position in LVS. See "LVS: Gambling on China" for details.

PAYX has been sitting on the shelf awaiting a roll opportunity since Oct. 29. Today it fell below its 10-day price channel, ending my opportunity to do another trade. See "PAYX: The uptrend continues" for results and details.

I have three symbols that have received exit signals and am managing the positions tactically with reference to the current state of the charts. The symbols are CNX, COG and PFE. The charts argue for continuing to hold the positions for the present, with close monitoring.

See the original analyses at:


My trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.

Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.

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