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Zeev Hed

02/08/05 10:26 PM

#356268 RE: zhina #356267

Don't short a snorter. And for the record, I had a bid in this morning at $39.05, about a bucke from support, missed it, but I would admit that I would have probably had taken the double bucker instead of waiting for earnings, so I am not using the 2"x4" on my head, on that, but I did on HANS and DRIV. I may double up on HANS tomorrow, but it is risky, the next support is not till $35/6 or so.
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JeffGuy

02/08/05 10:40 PM

#356272 RE: zhina #356267

ISRG: It all depends on how the chart looks in the morning. Sometime the 50% retracement trade works in the first few minutes or so. That would make it around 45.19 for a long, wouldn't short it after listening to the conference call though. Who knows though, so many variables so little time. When in doubt trust the 2nd derivative.