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Strategies & Market Trends : Trader J's Inner Circle
NVDA 181.55-2.7%10:57 AM EST

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To: Poet who wrote (1784)12/11/1998 12:10:00 PM
From: Trader J  Read Replies (1) of 56535
 
Poet - Re: TokyoMex. Over the last month I have gotten many, many, private mails stating the same thing from the old timers of SA. Not that I am an old timer, I was #150 or so of approx. 700.

He still does good research, has good contacts, and shares the information but he is not aware that a small number, those first on the email list or those first to receive the emails, will be able to get a good price.

You can tell others not to chase all you want, but people want to be where the action is and they WILL chase the pick. Many times it settles back down and then people jump on. By that time, most of the early players have left and the stock retraces and sits over the next few days. Many end up taking the loss.

He controls a lot of people, and it is a SURE thing that his picks will make him money. I don't fault him one bit but I can no longer participate like I was once able to.

I suggested that he keep his group to say 100-200 and then have a waiting list. That way, most could benefit like it once was.

The fact that people get their email slow is a fact of life, plus, email is still a queued service and can only go out 1 at a time, regardless of how fast you may be able to receive it .... others will be on the list before you.

But how could he turn his back on 700 people paying $50/month. Too much money. But it is no longer the service it once was.

TJ
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