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Post# of 19304
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Waitedg

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Waitedg

Re: None

Wednesday, 06/01/2005 9:56:57 AM

Wednesday, June 01, 2005 9:56:57 AM

Post# of 19304
Very encouraging early signs on IDCOE this morning. Holding its close of yesterday at 9:50. Very little volume. If we close in .75 to .80 area, I think the bounce back will likely hit its short term peak on Friday or Monday. Three to four day rebound cycle is past history on this one.

Agree with another opinion that we may hit a rebound peak of about $1.20. Likely exit on this one if am right on this being the first day of a three to four day bounce.

IDCOE remains a very interesting play. If one order comes through, no matter what size, I would like to be one of the first back on board. Anyone seeing this coming, would appreciate a mailbox note to that effect. This could have a ride like ALMI at .12 if that be the case.

Waitedg
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