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Re: Zeev Hed post# 313054

Sunday, 10/24/2004 8:28:00 AM

Sunday, October 24, 2004 8:28:00 AM

Post# of 704044
I have looked up IIVI now a bit deeper and I can't find any serious flaw in the fundamentals so I agree on the mystery. I probably will take a bite on them soon but I have to decide on an entry point first. 31.13 could be seen but if they are under short attack like SLXP there could be another leg down to 29.84.

Unfortunately I have slipped out of my sandals Friday after a sudden rush of fear for my profits only to be reminded not to let emotions control your trading. Already I do feel naked without these comfy sheepskins so I'm looking for a cheaper reentry now. Although the last days were really strong it looks like 40 will be the limit of this homerun for now IMO (many indicators are very toppy here) so I looking to get my chance next week in the area between 35 and 36+.

There's a slim chance though it might run away from me as decision time has come up and DECK just might want to regain the upper rising channel which is defined by the three sequential tops of spring 2004 and would lead them to the 50s eventually. I doubt this will happen, though.


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