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Non-Tech : Sunglass Hut RAYS- Will it ever breakout?

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To: Duke who wrote (511)8/22/1997 7:23:00 AM
From: Steven Angelil   of 971
 
Hey, Duke.

Even with the RAYS debacle yesterday, I traded in and out of XYLN twice for a profit of almost $2k! However, it didn't do much for me as far as taking the sting off of rays. Like I said, not buying those cheap puts killed off all of my profits, and made this a losing deal for me after holding for so long. It feels like wasted efforts, but I know I learned a lot from this.

I like PAIR too, but I didn't buy the other day after the strong buy rec., because I thought it would pull back after the "public" got in. I was wrong. I don't like to chase stocks. I have had ESST on my screen and though it is a true value play, I don't see too much "quick" upside. I am in a short term trading mode at this time.

I am going to check out that other stock you mentioned too. Is there a thread for that one? If I find one, I will see you there if interested.

Take care,

Steve
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