Short Term Traders-Listed Stocks

[earlylight]

Good luck on COST. You will get it..eventually. Thats where I had my sells set, then lowered them and took the gains.

On ELN I was a little hesitant about chasing it after reading this:

Sep 13, 2007 (Fresh Brewed Media via COMTEX) -- Elan Corp. (ELN) opened at
19.38. So far today, the stock has hit a low of 19.27 and a high of 19.69. ELN
is now trading at 19.58, up 0.45 (2.32%). The stock hit its 52 week high of
23.11 in July and set its 52 week low of 11.70 in January. ELN has risen for
most of this year, losing some ground last month. Drug stocks shares have been
climbing in today's session lifted by Merck & Co. Inc. (MRK) whose shares gained
over 1.50% after being upgraded by Banc of America to buy from neutral.
Technical indicators for the stock are bearish and steady. If you're looking for
a hedged play on this stock, consider an October bull-put credit spread below
the $16 range. ELN stock could fall up to 18.3% before expiration and this
position would still be profitable.