I sold my entire position in BBC today, not because of sell signals, but because of freeing up cash. Well there is a possible sell signal at the close today if it doesn’t move up, however, that wasn’t a core reason for selling. Moreover, it is a good reason, because I gave up profits by not selling on previous sell signals. I digress. If BBC gets back down to the 13-14 area, I’ll reevaluate, but for now I’m trying a new system and need free cash for it.

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• June 26, 2008 -- Market Dropped Big, I Don’t Care, I’m Short

Thanks for reading

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