Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (4578)	8/22/2000 4:16:15 PM
From: Zeev Hed	Respond to of 30051

Jay, yes, I still have it, I mentioned that I fully expected a possible drop to the mid $50' and we are getting it, I have an additional buy under $53, if it gets there. By the way, I just got EMLX near the close at $85.75. This one has a max pain at $79. It could run to $100 just as easily as to $50 (g). I see that the rambunctious had some fireworks going , I was fortunate to jump back in, it will be interesting to see if the "news" if any can get it through $97, I personally doubt it and will be ready to bail out, again. That bu$$ is a sort term trader's dream, since the stock has dropped under $100 few weeks back, I traded it some 13 times (11 wins and 2 losses, much better than my normal 6 to 4 ratio) for a net gain in excess of $40/share, and the stock is still under the beginning of that cycle (the break of $97). Zeev