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To: SliderOnTheBlack who wrote (51717)9/23/1999 3:37:00 PM
From: Andrew Brockway  Read Replies (2) | Respond to of 95453
 
Slider, Re: EEX

I don't visit the thread very often, so I'm not sure if you're new to investing in the patch. Seems like you could use some direction. I would not be long EEX here...no way no how...told mom to put her head back under the hair dryer, no need to get giddy on this one. No institutional support. Selling at near cash value when the rest of patch is up 100% from the lows - don't fight the tape. Cash value in this market?....know the signs!

The play is short here. Simple. Simple, just do it like me; went short when broke resis at 4 3/4. Smooth as jelly...did the same with RRC at 5 5/8 and MEXP at 2 1/2. Already covered on those, but could be some gravy left for you, I would short those also. Easy money here...take it to the java can.

PS: Another example - FGI would not be a stock to short now. A total fortress. JL like a rocket scientist on ginko. Wouldn't want to be short here, no chance. Starting to see the difference? Just keep trying.

Andrew