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

To: Trader J who wrote (17736)	7/20/1999 10:03:00 AM
From: Trader J	Respond to of 56535

EGRP - Anyone keeping an eye on this one. Very hard to resist here. Tj

To: Trader J who wrote (17736)	7/20/1999 10:22:00 AM
From: LTK007	Read Replies (3) \| Respond to of 56535

Well just got back from dentist read your message,and called my broker---sold 2k NASC at breakevem,bought 200 PDYN at 44--and holding all others,as I calculate roughly 60% cash is all I need to handle the worse,via ridebacks.My c/b in PDYN now 400 shares at 48.50. Going to sit rest of day out probably. To those interested,if IMCL gets sucked down today--I think it is a fine buy below 25. I am holding still,for better or worse PTEK,DEMP,NPLS,PDYN,IMCL and EDGR--all will be probably flashing red by the end of the day I suspect. So why do I not pull out everything? My reasoning is IF there is a sudden reversal,I want about 40% in place to catch the turn,if it were to happen.Good Luck,Max