Long Blackstone Group in fund; no personal position
Thursday, April 30, 2009
Bookkeeping: Selling Half of Blackstone Group (BX)
Much like the S&P 500, every dip to the 20 day moving average in Blackstone Group (BX) has been a buy, but for now, with a gap up I am going to sell into today's froth and set a limit order to rebuy around the 20 day moving average (low $8s). Selling down to a 0.9% stake in the $9.50s. One of our few sub $10 stocks - the whole portfolio should be of this sort based on what is running the most.
Long Blackstone Group in fund; no personal position
Long Blackstone Group in fund; no personal position
Archives By Date
Best Of FMMF
- Blogroll
- 1: Warren Buffet Piles on Europe
- 2: [Video] Jim Chanos Returns from Europe, Even More Bearish on China
- 3: A Chart to Open Our Eyes - Staggering Changes by Multinationals in Employment Behavior 00s vs 90s
- 4: Futures Blasted on Dexia Woes... and Poor Preliminary China Data
- 5: Market Working to Worst Thanksgiving Since 1932
- 6: Et Tu, German Bonds? Poor Auction Raises Eyebrows