dbtcsss: In Jan., you said "play the decline safely to 42". EMR hasn't come close to 42 since your posting. What is your time frame for EMR reaching the low forties? Or have you raised your target price?
I do not think it will get to low forties anytime soon. The fix income players love the dividend at this time and tough to get the price down much further than the 48 maybe 47 range. I really thought the price would sink prior to going up later this month, as high as 55 to 58. This is my last play short pretty much until I play this long sometime next week or the following week. Will be looking for a momentum play long starting middle next week.