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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: Zeddie88 who wrote (47944)	3/12/2002 11:14:56 AM
From: Trader J	Respond to of 56537

Zeddie: EMC - This is a perfect swing trade stock, or long term hold ...... either at this price. Time and time again over the past month, analysts have reduced their numbers, and have been near term negative, and yet the stock doesn't move. I may even add a rare 4th position on this stock .... which I will normally not take unless the stock were to tank intraday to the 8-9 level for some reason. Long term, this is a great play .... but many traders and investors now aren't willing to hold anything long term .... we are still in an "immediate gratification" period. For a trade though, $12 looks very very solid.