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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: Alski who wrote (12071)	2/18/2000 1:06:00 PM
From: Thean	Respond to of 14427

Alski, I think ELTX will be fine going into the earning. But personally I don't like the weakness so I may get out today. Its recent chart may be reminescent of the trading zone pattern set up prior to the breakout above $15. Now the breakout is $19. Other ASP's may also have their runs short term. As you know, the Nascrap is now into picking a theme a day and by historical measure this is a tell-tale top for the market. But I won't call a top for the Nascrap as this is fool's game. SAWS - sold at open. Pocketed $20 overnight. Now it has receded a bit because all those gutsy ones who got in yesterday are cashing in. I sold Mar 70 put already this morning for 8 1/2. Will rebuy some more if it stays below $70 this afternoon. PHCM - the WAP heat was on the last few days and that the best way I can account for PHCM's surge. XTND and PUMA, both proxies of the WAP plays, were also strong. Going forward, I'm not convince PHCM will break above $140 in this cycle before first retreating, just my opinion. OPMR - appeared to hit the $38 wall and now fading with low volume again. I already got out some yesterday at 37 7/8.