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To: isopatch who wrote (89753)4/5/2001 3:10:36 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 95453
 
I put some money to work as well. Put my 401K money back to work yesterday (posted on the plastic thread) and bought some TAM today at 11.25 for a trade. Trying to catch a falling knife, but when it's started to rally in the past it's been pretty consistant.

Same sector as NSS and MVK, but only 10% exposed to NA, plus it's an ADR so it trades at a discount. Still with a PE under 10 and 2002 PE under 7 it may be good for a trade back to 12-14 again.

Chart

207.61.23.99

Earnings

biz.yahoo.com

I know I shouldn't day trade my 401K, but after these gains today going into a Friday I plan on taking half the chips off the table again, maybe the whole thing. Too much too fast w/ too many bellweathers set to report bad news.

Keeping some cash handy for shorting ops if this run continues.