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

To: Canuck Dave who wrote (16528)	6/23/1999 11:41:00 AM
From: LTK007	Read Replies (2) \| Respond to of 56537

<PLCM hot again. Time to remove it from my watchlists. Missed it..> you and me both CD--but what I am doing is taking a 1/4 to 1/2 position on a top side buys ready to add on a pullback,as I am for the time being playing the "trend is your friend" system Because I trying to maintain 40% cash right now had to sell my LTXX for 1.5k profit to keep cash where I want it right now. I believe the market right now is at decision time,right on the CUSP--my feeling is it will go to a near term bullish move,but it has not been coinfirmed--so must keep significant cash on the side. Max

To: Canuck Dave who wrote (16528)	6/23/1999 12:34:00 PM
From: LTK007	Respond to of 56537

more on ASTN it got featured on TSCN today 99-cent Store Jun 23 1999 11:15AM CST Archives... Ashton Technology Group is Rebounding by Theo Spradlin Ashton Technology Group (ASTN) closed yesterday on light volume at $8-29/32. The stock showed a small positive gap at the opening bell this morning and then took off. ASTN fell from its fifty-two week high of $18 to as low as $6-1/2 during the most recent market downturn. The stock bounced at $6-1/2 with strong volume and has gained more than 50 percent in the last week of trading. ASTN has traded as high as $10-7/8 today and is holding to its momentum. 6-Month Chart of ASTN Shows Bounce at $6-1/2 ASTN develops and markets online transaction systems for customers in the U.S. and international financial markets. ASTN shows a volatile chart for the last six months; the company has been on a strong uptrend, but has been subject to the speculative interests that have driven the internet banking and financial stocks. With a fifty-two week high of $18 and having just recovered from its low of $6-1/2, ASTN has strong upside potential. Support at $8-3/4 and then $6-1/2 make a strong bottom and the stock may dip to below $10 before turning back up in the next leg of its strong uptrend. Earlier this month, ASTN announced its intent to create a joint venture company with Canadian investment dealer, Thomson Kerhaghan. The two companies will create ATG-Canada which will co-develop, and introduce alternative trading systems for seamless use by US and Canadian institutions as well as other financial intermediaries such as broker-dealers and banks.