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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (5941)10/5/2000 3:17:47 PM
From: Venkie  Read Replies (1) | Respond to of 65232
 
extr
It has some good days and some bad days...We are going down and hard..It may take a couple of days but its a gonna happen.I bot 2 early but save some powder for the capitulation..which hasn't happen by any means.Why can't I ever time it 100 % on time.



To: Sully- who wrote (5941)10/5/2000 10:13:02 PM
From: RR  Read Replies (1) | Respond to of 65232
 
Hi Tim: I don't consider EXTR action as weakness. I had mentioned a week or so ago that I would not be disappointed if it sort of rested in here. After all, it has had a powerful run.

What I have been watching closely is the volume. Like I just said in my prior post, it doesn't appear to have a bunch of sellers running screaming to the door taking those huge profits they've accumulated. I think it's held up well in this mess recently.

EXTR reports in two weeks. Get ready for the run.....

I'm still accumulating March EXTR calls and bullish like crazy on it. Looking back to June, shave off a tad of that unusual dip the second week in Sept and it indicates it is still in its channel, which is something I like to watch, and is low in its channel thus would be a good time to buy.

Come on Tim, go for the gold ring! U got more money than you know what to do with. Buy some more EXTR!

Go BULLS!

RR