SI
SI
discoversearch

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.
Technology Stocks : Exodus Communications, Inc. (EXDS) -- Ignore unavailable to you. Want to Upgrade?


To: Sir Auric Goldfinger who wrote (2584)8/22/2000 10:22:50 PM
From: smchan  Read Replies (1) | Respond to of 3664
 
You are alone with your 100 share lot, bye bye.

Well... I prefer to take the high road in these situations, and hope Tim will, but I can't resist comment. I know how many shares of EXDS Tim has, and I'll just say he definitely has put his money where his mouth is on this one. Piker? His position is probably several times my personal net worth, and I have a good job by most standards. :-)

A few other TA points: EXDS did break thru 4 days of resistance at roughly 60 (Jul 20 and Aug 15, 16, and 17) and held that level on Aug 18 and 19, and yes, volume was below average today, but the OBV slope is steep and climbing.

I believe Tim said his average is somewhere in the low to mid 40's - approximately a 50% return. Not bad for a couple weeks work. With a trade like that, I see no cause for alarm (what's a point or three when you have 20 in hand) as long as the appropriate trailing stops are implemented.

Where did you say you covered (sorry, I missed the posting)? What was your return on that trade?

Sam