Tuesday, November 5, 2013

Tuesday's Outcomes: CSCO, TUMI, WNS, AHS

I closed two bear positions that I entered in early October, CSCO and TUMI. See "CSCO: Bearish on the bones of the 'Net" and "TUMI: Bearish on luggage" for results and a look at how the actual trend fared against the Elliott wave count.

I also closed a fairly new position, WNS, after it reversed sharply. See "WNS: Nearing the finish line" for details.

I analyzed AHS but decided not to open a position based on the Elliott wave count and the unimpressive odds. See "AHS: Pause on the trail?".

References

My trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here.

Disclaimer
Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decision decisions for his or her own account, and take responsibility for the consequences.

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