Zeev's Ideas

[Koikaze]

ZEEV, TRADING - up to ZEEV:327238, 11/28/04

11/24: (326328) (*COMMENT*)

(Part 1)
Stayed with that one for a little while, but got out too early.

(Part 2)
Me too...seems to be an frequent situation for all of us, but as long as we're mostly taking gains, it's a livable one...tuna
(*END*)

Absolutely, the game is not maximum profits, but more profits than losses consistently.


11/24: (326571) (*COMMENT*)
Zeev, can you point me to more information on what you referred to as the DCB trading method?
(*END*)

After a big drop, a stock will often do a 50% recovery, or at least an attempt to the bottom of the gap, a DCB play attempts to capitalize on such, keeping in mind, however the structure of historical trading patterns in the stock.


11/24: (326532) (*COMMENT*)
Zeev It was a bad call because you constantly keep trying to find bottoms on these falling knives. You should have waited and let the stock settle. Let the sellers tell you when to buy and not be a hero you've done it with SNDK and a few others and never learn. You need the help not I. If it wasn't for bearmove the only calls on your board would be bad one's and you still bury and hide them all the time. You want the number for help let me know until then keep hiding your plays and losing folks money.....
(*END*)

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.