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Strategies & Market Trends : The Thread

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To: Mike E. who wrote (11450)	8/25/2000 10:39:38 AM
From: stan s.	of 49816

EMLX, hope nobody here got burned long. I went back and read what I posted on EMLX last night since I've been covering it for quite awhile. verbatim. another incredible day for EMLX but a couple of things to note. Some bona fide resistance coming up at 117 1/2 if it stalls...I would exit. I think you may see a lot of short pressure come into play starting then and now. On a dip I would not let this close under the 200 day ma at 92 1/2 and that's even giving up way too many points. If for some reason it makes it over 117 1/2 at a close...look to the 130's as resistance, but don't count on it getting there without a pause.

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