Zoomie traded Steel Dynamics Inc (Nasdaq: STLD) and UBS AG (NYSE: UBS) today. Both trades went in his favor a while, and then turned around. At first I chalked it up to a Fed day, but it looks like UBS was smacked down by some other news item. That always sucks to witness, because initially the trade was moving very well, as far as I am concerned. Zoomie’s comments on the charts, as always.
UBS: 
STLD: 
| Stocks Mentioned In This Article | |
|---|---|
| Stock | Links |
| STLD |  |  |  |
| UBS | | | |
December 12th, 2006 at 10:11 pm
nice job of keeping those losses small
December 13th, 2006 at 3:48 am
I made almost the exact same trade in STLD. Looked like a good setup to me, too, Zoomie. I chalked it up to fed day as well, until I saw the other setups I missed. ;-)
December 13th, 2006 at 7:12 am
John: that is the only good thing I have been doing these days.
Dave: I saw your trade on your site stocktickr.com. I agree there were setups out there, Estocastica seemed to hog them all ;)