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


To: Denice who wrote (7154)11/3/2000 12:59:35 PM
From: Zeev Hed  Read Replies (2) | Respond to of 30051
 
Denice, I told you few days to stay the course on this one. If I would have been on that trip, now would be the time I would get out, only because of acrophobia, it is very richly valued here, but the momentum is strong, thus it could very well go back to parity with EMLX has it has before.

In the meanwhile, I am just getting acrophobia on the bu$$. Sure i saud don'y over trade, but I have very strong overhead supply in the $63 to $65 area, so I just sold at $62-3/4. Let see what discount if any I can get on this one. Sure enough, the bu$$ continued straight above $63 (g)...Frankly, I am quite happy since this week alone I made more than 50% on this puppy.

Zeev