Posted on May 14th, 2008 at 08:58 AM
Well we got a nice clean trigger in Tyco International (TYC). If you were following along a good clean trigger was in the 44.50 area give or take. So as of this writing you should be around a point and a half in the money. Halfway to the MOB is just up ahead at 46.94. This is a good time to be adjusting stops just a bit (say to half your original risk). Its just money management from here on out.
Good Trading
Craig Russell
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