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

To: Norwegie who wrote (17718)	7/19/1999 6:12:00 PM
From: Trader J	Read Replies (1) \| Respond to of 56535

Carolyn - The only thing that matters is what the money means to you, regardless of what others would consider the amounts to be, big or small. Everything is relative whether you buy 100 shares or 1000, it is still money and is very important. I thinkt the "IPO thing" is still ok, but the top seems to be coming off of it. I am playing the premium names only in the IPOs now....not risking NTVN type plays here unless it is intraday only. Luckily I sold the NTVN spike in the high 12s. Follow your gut with INIT, but most importantly, judge it based on what it is doing at the moment, and not the past. If you made money twice before on it, there is no reason why you couldn't again....and there is no reason why you would either, unless you play it correctly. I have traded NAVR countless times and keep going back to it....and will again if it starts to move. Am even considering a small position here. Continued luck to you. Tj