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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Force Majeure who wrote (28381)4/9/1999 11:08:00 AM
From: M. LaMancha  Read Replies (1) | Respond to of 122087
 
ENMD -- I agree with Anthony's call regarding ENMD that we move on. But there's still a little money to be made on this if you are willing to play the cycles. I was about 40% short at the time of his call; thought I could eek another point out and almost did it (ENMD turned at 20 1/8 and ran to 25 1/2). Couldn't get any jmor to short so I went into puts. I think we've got a sell off coming today and can get down to 22 1/2 or 22. At that point, I've got to decide if I want to cover and wait for the next cycle.