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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (31780)4/14/2000 1:18:00 PM
From: Snowman  Read Replies (1) | Respond to of 52051
 
Any thoughts on emlx?



To: Stock Watcher who wrote (31780)4/14/2000 1:25:00 PM
From: kinetic  Read Replies (1) | Respond to of 52051
 
SW, sitting on a lot of cash right now too and not willing to commit just yet. Have a few longs off 50%+ but I'll not throw in the towel there as they are good companies and will bounce upward quickly when the time comes. No prognostications on the time frame though.

Just played EMLX for 1/2 point, but I was sweating bullets all the way as it dropped 4, was up 3, dropped 2 and finally was up 2 all in about 15 minutes. I decided that's it for today and got out. As horrifying as watching the longs is, trying to trade seems commensurately terrifying.