LOL, I got in JDSU Friday big time!! Thanks to a trick Lowtrade taught us a few weeks ago, I played it like this (see below) and ened up making big money!! If lowtrade had not shown us the "BOX IN" trade I would have lost my azz this morning..........
I was watching pre market this morning, and decided to go short as well as keep my long position, because I was not too sure which way it was going to go after the CIEN report.
I wanted to box in my trade (long/short) which saved me from taking a huge hit right off the bat. Sold my short real fast, (when you're boxed in like that you have to sell your short fist then your long position) then sold my long position, then went back in big on the short side. Ended up very well, but just sold out all together too soon.
Heck of a morning, fun stuff....
Do what is “right”, never do what is “easy”. And do this "all" of the time, not just some of the time.
