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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Wes Stevens who wrote (15931)6/11/1999 4:21:00 PM
From: Trader J  Read Replies (3) | Respond to of 56535
 
Wes: AOL - The way I look at this one here in the 99s is how I look at all my good position plays. I am very comfortable with the current price, and even with further weakness, I would have the confidence that this issue will be back strong in days/weeks to come.

I have had a horrible, terrible, worst trading of my life, two week run ....... safe to say that the TJ account is no longer at an all-time high. Off about 20%.

The nice part is though, that when the rally returns, so to will be % performance. Just need to pick good issues, and I think AOL certainly qualifies. Just a 20 point move in AOL erases the previous two weeks. LOL

Tj