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The JDSU and GMCR setups are so similar only the JDSU consolidation was 22% deep vs. the 18% deep consolidation in GMCR. Both trades are incredibly difficult to take facing 5 days of distribution in the market. That "I" made money on the JDSU long is amazing. Who had what it took to take the GMCR long trade on March 9? None for me, though maybe next time.
Hi Abe, I seem to recall there was something brewing (no pun intended :-)) that SBUX and GMCR were working on something. Anyhow I see the flag on GMCR but dont see WON type flag that JDSU had. Those gap ups on both of them are tempting to buy if market was in our favor...Regards, Brian