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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: David Sirk who wrote (9359)	10/28/1998 8:47:00 PM
From: hoffy	Respond to of 25711

ITVU might be a nice play tomorrow leading up to the launch of John Glenn back into space. They will have a live broadcast along with interviews and other media events. Some news will surely come out during the day. The volume really picked up late in te day today and moved up nicely. it should continue through tomorrow until the launch goes off in the afternoon. With expected news about it this should be a nice play for a day or so. I got some today and will get more early tomorrow and will look to get out early on friday. It's already beaten down so the downside is limited. It could move up fast if shorts get scared. There was late buying today and it should continue through the launch as more news comes out about it. You knwo after the launch they wil announce how it went etc. News for them will be good exposure and could move the stock into Friday. I'll take profits then somewhere over 10.