Posted by: timetraveller May 8, 2007
Making Money with Eminitrader
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Bri: Like I said, these are hghly speculative plays. ELY is more stable than GNTX. But look how well both held up even in today's profit taking session. The sellers were definitely in control today but this is all a game of probability and not necessarily of expectation. With ELY, we have an all time high support. With GNTX, it has found support at about 18.75 and thatll be my stop. these guys make mirrors for cars, some fancy types. And their sales have been blasting thru the roof despite sluggish car sales- meaning theyre being used in old cars too, i mean why not haina? So those are my reasons. I'll follow them and see how they go. 50 dollar loss, I can tolerate. I'm still in school so it's all easy for me. :D
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