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


To: Trader J who wrote (136)11/3/1998 9:29:00 PM
From: Trader J  Read Replies (2) | Respond to of 56535
 
Market is looking very choppy. Be very careful out there. We need a pullback or a major rally. World markets looking good right now. Globex up 4.00.

I feel uncertainty and people are taking profits off the table. Nets are looking very strong but choose at the wrong time and pay the price.

TFSM still attracting attention. No one believes me on GBLX, was a pick of mine at 19.

CIEN may still be in play, after the AM drop I may look to enter.

ABTX, buy, buy, buy.

I am in 5000 DCTI, but not feeling comfortable. This greased pig could scream or fall flat.

TUNE can still be played. The AM gap to the downside I believe can be bought but be careful. This one surprised me this AM with no plus gap. Go caught in it, luckily it found some strength in the PM and I sold into it.

KTEL: Don't be the sucker....not yet. Still has exposure. Can be shorted I believe but as I noted earlier in another post, that can be risky....this pig has a history.

CCI - I like it on any further pullback.

Good trading

TJ