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


To: hotlinktuna who wrote (14986)4/24/2001 4:59:18 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Hot tuna, IDPH is particularly sweet since I sold it last week just under $55 and waited patiently to reach my "price". I expect it to bounce a little, but still think it could go to the mid $30' in the next move down. The bu$$ is the one I am watching weith trepidation, we are in the middle of the trial and it visits the year low (or close to it), not a good sign, on the other hand, any positive development could get it to $22 or so, a cool $6 plus profit, while a stop is just under $15.5, a good risk/reward ratio, IMTO.

Zeev