Keith, I trade in and out, however if you look at a chart as the prior poster suggested, you will see that this year the stock has been in a steady uptrend, and more importantly, the average pullback after a move up looks to be around 5-6 points, right where we are now after the run to 79. So, the downside (barring tech sellof/market sellof) should be limited. The stock did trade down to 72 7/16 just about a half hour ago, but rapidly ticked up a point from there. I will probably jump in nearer the close, but first want to see how the stock holds up when we get closer to 4pm. The last couple sessions have been very weak....
John |
