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Re: ZoZoStockWatch post# 326616

Wednesday, 11/24/2004 7:21:49 PM

Wednesday, November 24, 2004 7:21:49 PM

Post# of 704047
You really understand very little of the DCB trading method. Sure sometimes, you get caught in a maelstrom, more often than not, you get at least a solid DCB. In the case of CNCT, it is a company on a fast track and getting loaded in the $20/$22 area, IMTO, is a great deal. A lot of people here followed similar tactics with BSTE, JCOM, QLGC, SLXP, LCAV, LSCP, HANS (a great number of times), ZBRA, CRDN, MRVL, CMN, ONXX (missed last week the swoon to $25, my bid it turned just a quarter above) COCO last year (but they cancelled that one...) and the list is long. It works, so I use it, all the above where similar situations, and all resulted in positive returns. Come back in a month or two when I finally throw the towel on that one (I did prematurely on IO, but will be back in it), and yes even SNDK which was extricated a a profit, and I am still waiting to reenter under $22. I tried catching the HXL knife today, but they never revisited the LOD, so it got missed. If you want to learn something, you must understand that a trader uses a variety of tricks in his armamentarium, if you want to point to "failed entries", I assure you that out of every four entry, at least one, is a "failure" at least for a short time. Some "failures" I remember of the top of my head, TARO, ONXX and a part of the COCO family of gambits. A much smaller number than the successes.

AZH

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