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

To: Canuck Dave who wrote (15957)	6/12/1999 4:36:00 PM
From: DanWebzster	Read Replies (1) \| Respond to of 56537

I spent the last week in Toronto at a convention. I loved it. Why go to Europe When Toronto is only a 5-hour drive away? I've never met so many nice people in a big city. Anyway, I made some trades for pocket change when I got back on Friday. Sold IFLO @ 4 1/4 (in @ 3 5/8) -- thank you snerd Sold JMCGC @ 1 5/8 (in @ at an average of 1 3/8) Sold CQB @ 8 3/16 (in @ 7 15/16) Nothing earth shattering, but it shows that you can make a few bucks on cheap issues while the market is hammering away at the techs and inets. I am a singles hitter in this market.

To: Canuck Dave who wrote (15957)	6/12/1999 5:02:00 PM
From: LTK007	Read Replies (1) \| Respond to of 56537

This is the URL to the Barrons article but in case it is one of those password protected sites the gist of it is the fund managers think that while they believe the correction is over in the INETS,and there will be a summer rally,their fear is their will be a massive sell-off come fall for the INETS and there will be a major rotation by the funds out of the INET sector(they are equating it to what happened to the BioTech sector)---I myself,based just on TA,and the margin call factor,remain bearish near term regards INETS--these stocks have broken critical support lines the past week and yada yada yada--I never take my opinions as anything more than just that--opinions--I just sift through data and chatter and form a opinion--and TA wise this sector is still shaky,you look at a 200mda chart for a year and you can see an outrageous BUBBLE formed over the 200mda line from Jan into the end of April of this year,I didn't realize how wild the run up was until I saw the 200mda chart for the past 12 months on many of these inet stocks. interactive.wsj.com Max