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


To: Canuck Dave who wrote (29281)4/17/2000 12:41:00 AM
From: Trader J  Read Replies (1) | Respond to of 56535
 
CD: If I keep trading the way I did on Friday, I will come down and get you. :o)

I am still looking at RBAK and they have my money when I go back in. Gobs of cash, good margins, great rev growth, and best of all, well off of its highs ..... may still see some selling but you have to wonder when those 12% that are short, are going to start covering. I will be looking to catch a dip on Monday and start nibbling. Won't trade into it whole hog, but will start averaging in. ARBA will be my next play as I like how they held up into the tanking late.

VRSN I still love, but it is too volatile and still trading at 100 or so.

ICGE looks good as a long. They make money by bring companies public which is why they have died recently, but at 38/shr. Would be willing to start a long here. Downside to maybe 25 if this continues but risk/reward is the key.

Again, I could make a case for hanging up my trading for the near term and just nibble slowly at these beaten up first tiers.

Tj