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Jim,
A friendly amendment. I also think that EGGS is a
good choice but I think the timing is not all that
good. In particular since the market environment
isn't good and EGGS was as high as 24.25 and
closed at 22 today. If it gaps up wait. If it gaps
down more than a point it might be worth a buy.
Even if you look at JF, which is 23.0417 for
Wednesday. It is in a hurdle phase. The weekly JF
for this Friday shows that EGGS must close above
32.083 to keep the current trend. Anyway my two
cents is your timing is a little off.
Harley
Jim Greening wrote:
>
> All,
> I just put in an order to open a position in EGGS. I've been
> wanting to find a good place to get back in every since I was stopped
> out of it. It's in the bottom half of its Short Term Up Trend Channel
> and looks like it's moving up from a low last Tuesday and Wednesday.
> Since this is a very volatile stock I'm only going in for half the
> amount I had before. I'll set my mental stop just under the low and
> the STUTC at 18 3/4.
>
> Jim
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