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To: jim_p who wrote (29971)2/17/2004 4:07:24 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 206094
 
We'll know much more in the next few days. I think you need to hold 7.3 worst case scenario and for there to be positive action going forward you need at least a 7.7 to 7.75 print in the next week. Otherwise I think mid 6's.

What sort of upside do you see near term and long term? Are you staying in for a ST trade or LT or both?

Today's action is neutral imho. RRI closed off the lows on heavy volume, but the whole day saw constant selling.

Thanks for sharing your thoughts on RRI. I look forward to being a long term holder again at the right price. Broad market has me very worried here so raising more cash was a no-brainer.