I'd not argue at all w/ Z's reasoning re. EXPE...the bugger can move either way like a ball o' fire. The resistance @ 70.5 may hold, or it may not. I shorted at the close yesterday, but won't let it go more than .25 against me before covering...small risk against a possible buck, or two if it opens going the right way. The Barron's piece may help, but I'll jus' play the plan.
Don't wanna "leave any on the table", Mike? Tryin' to pick a bottom (or top) is a losing game. Better to count on leaving $$ on the table and taking the meat of the move...you can always get back in if the weakness is still there. No one ever went broke takin' a profit.
Sandy
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