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Re: jra2 post# 403359

Thursday, 06/23/2005 12:30:14 AM

Thursday, June 23, 2005 12:30:14 AM

Post# of 704019
I know how you feel. I sold OSCI yesterday, but I should have sold SGTL and kept OSCI. But SGTL may still work out for me. If the NAZ can take 2100 and the SMH 35 it could go to the high twenties in short order (next several weeks) IMTO. Longer term ML 32 target is not aggresive at all IMTO. If we have typical summer slop and chop, the 24 area might be a good place to sell for a short term trade (or maybe girlfriend will post her sell points).

A gap open (setting up the island reversal) or a retest of yesterdays lows would probably entice me to add some shares.
If it takes out 21 on volume, it's time to look elsewhere.

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