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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Kelvin Taylor who wrote (7081)3/13/2001 2:47:29 PM
From: Paul Kern  Read Replies (2) | Respond to of 19633
 
Stupidly, I covered FLEX on Friday and re-shorted it an eighth or so below my cover buy. I would expect it to settle down towards 20 but I don't always have the patience to wait these out. Fewer sales means fewer contracts to manufacture. You could also take a look at SLR, the leader in this sector, for comparison. Take a look at finance.yahoo.com. SLR has fallen further in percentage terms and I would expect FLEX to follow.

JMAHO

Paul