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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (25734)1/30/2002 9:37:19 PM
From: William B. Kohn  Read Replies (1) | Respond to of 99280
 
Unfortunately I already tried a EMLX short at $45.40 I did not expect the run up in EMLX to the level it is now. I'm still short and may add to the position if we get close to the 1960 level on the NAZ and EMLX is still north. This will be a mid 30. stock sometime in Feb.



To: TREND1 who wrote (25734)1/30/2002 9:39:21 PM
From: Zeev Hed  Read Replies (6) | Respond to of 99280
 
Death wish? EMLX might be ready to print a new recovery high and you want to short it? I have no desire cutting into this month's gains (January yielded $17.74 for EMLX on top of the $32 plus of the last quarter last year, and the last week, despite two minor losses, was just outrageous, and EMLX shows all the signs it wants to get into that gap above $53, if it does, it could run easily to $73, not that it is a "fair value", but it is the momentum.

Zeev


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