Thanks. Just wanted to see where you were coming from. I commented last night about wondering if this wasn't getting topped out again. I was tempted to put in some sells this morning but of course didn't when it looked like it might move up over 4.74. Should've gone with my gut feeling.
Good question. I broached this yesterday, seeing what happened when GLW approached $5 last time. If I sold in the short term, I'd definitely buy back if it retreated. But will it go back to the low $3's? Who the heck knows. I'm averaged at about 2.30, but I'm not greedy. Would hold for a steady rise, but this severe up and down is painful to watch.
Because I believe in GLW for the long term. Their non-telecom components are strong, tech in general is rebounding, they've yet to recognize their Dow Corning assets, strong management, etc. Today is just a down day...and I'm afraid analysts will blast GLW after their earnings come out, even with their pre announcements.
What A blah day. I wish *something* were hot. This is low volume tight trading range day indicative that the stock is priced accurately for now, until Saddam tries to blow up world or Corning comes out with new number that shakes things up.