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Strategies & Market Trends : Trader J's Inner Circle
NVDA 176.99-1.8%Nov 28 12:59 PM EST

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To: Capt Ron who wrote (3606)1/8/1999 2:41:00 PM
From: Trader J   of 56535
 
Ron: SLEU - It just is not compelling enough for me. Right now, in the current market I am looking for those compelling stories that will persist which will support an issue's price. So many of these issues just run because of the Tmex call and momentum. This market has been much too strong recently and I fear the downside for many of these.

That is why I look for compelling stories such as NAVR (Upcoming IPO) and ASCT (Takeover rumor).

With some of these other issues, as soon as the volume drops off, so will the price, and they will go quick.

Trade well.

TJ
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