When I sold my TXCC, I saw it bounce of the 27ish area twice. I said, uh-oh, there some support here, but forgot about going back into it.
As for EMC, I'm short the 65 puts, and long the 75's, with long stock. This stock is very bullish, and has a lot going for it. New mfg facility, new contract with NEC, and new very bullish analyst upgrades. What's driving it is the desire on the part of many to own the low PE large-cap type stock, and/or force mgmt to split the stock <G>. They think 80-100 is the magic number...
I have traded EMC too much. I should just buy and hold. It's been an absolutely phenominal sucess. Remember, it was close to 40 less than 2.5 months ago...
Regards,
Let me know when you go back into VTSS, or TXCC. I won't chase them... |
