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

To: Trader J who wrote (16537)	6/23/1999 1:17:00 PM
From: snerd	Read Replies (1) \| Respond to of 56537

Trades... tried to scalp a little on SIRC and got caught for a 1/8, will never figure entry points. Now in CAIR @ 4 1/2. Just another snerdley day. : - O Snerd

To: Trader J who wrote (16537)	6/23/1999 2:00:00 PM
From: LTK007	Read Replies (1) \| Respond to of 56537

Whew wheeling and dealing money management as I am determined not to violate amount of cash on hand---so sold CORL(didn't like earnings being up in part because of tax credit) and JTWO(volume dried up-it will be in play later) at a 2.5k loss and used that money to buy NSPK Aug10 calls. BTW,I will go to margin on a Intraday Basis ONLY in a hot market. I need to make an additional 60k profit before the end of the year OR simply have a load of bargain stock going into the year 2000--sounds way out perhaps but that is how I play--I believe very much in thinking way,way in advance---hope this makes some sense:)Max