Zoomie’s trade on Tellabs, Inc (Nasdaq: TLAB) initially looked good. But, after a while, it turned on him and took him for a loss. Reminds me of my ex-wife… :-) (the trade, not Zoomie…)
Zoomie’s description is on the chart (click to enlarge, as always):
| Stocks Mentioned In This Article | |
|---|---|
| Stock | Links |
| TLAB |  |  |  |
November 28th, 2006 at 4:12 pm
since you are obviously back on the market yourself, i asked zoomie about some possible dating advice…it is very similar to his trading…as you have noticed he trades stocks that starts with the same letter with much success
i am not sure what your ex-wife’s name is, but i would remove any future candidates with the same name and probably the same 1st letter
another tip is from me…if possible date women with the same 1st name, so there are no slip ups…if that can’t be accomplished, give them each the same pet name :-)
November 28th, 2006 at 6:32 pm
LOL.
November 29th, 2006 at 1:36 am
zoomie… did you consider selling your entire position after the 20th bar high? You would’ve made a nice profit. I know hindsight is 20/20 but the 20th bar looked like a reversal and the 21st was a hammer-like bar (reversal confirmation). It was a nice pick that I missed…
November 29th, 2006 at 5:07 am
EM,
I did consider closing it then. I find that for me it is sometimes it is better to wait for my targets. This is because I am not really good at spotting reversal candles and I used to exit prematurely. But like you said, perhaps 2 reversal candles was more than a hint ;). Thanks EM. 20/20 on the 20th bar….lol.