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


To: Trader J who wrote (16195)6/17/1999 2:17:00 AM
From: American Spirit  Respond to of 56535
 
ORCL. yeah this volotility sure is unnerving sometimes except when it's working to your advantage which it hasn't been lately unless you're short. Sure is a pisser though to sell ORCL and hang onto Barnes and Noble. The difference between them is now about $25,000 to me, enough to feed 2500 starving people or 25 expensive callgirls or travel around the world first-class for 25 days. But you can't let it get to you. What's done is done. doesn't even exist now. The present portfolio is all that matters and what you'll do next.

Hopefully another nice day tomorrow though I expect some digesting. Maybe the secodnary stocks will start catching up. Am not expecting the internet bubble to return but hopefully some sensible recovery. No inflation this month although I hear oil prices may bump it up next month. In any case life in America is still very cheap compared to Europe. The war is over. Asia is slowly recovering. Hey, maybe Japanese stocks. What do you think? I see Hitachi just hit a 52 week high. I used to play foreigns. Made a bundle two years ago on Russian stocks and got out just in time. Whew. Have not dared to go back since. A 90% drop right after I sold. No America is the place.
Beaten-down internets, telcos, software, hot retailers, pharmas, etc. Volotile but can't be beat. My biggest investment is still in my home though. And my own business. Movie-making. Talk about chancy. Maybe that's why risk doesn't phaze me much. Irony is, you'll never find me in Vegas but Wall Street is the biggest casino of all.