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


To: Baghul who wrote (143)11/4/1998 1:05:00 AM
From: Trader J  Read Replies (1) | Respond to of 56535
 
Baghul: Did not have a very good day. TUNE surprised my and opened flat to down, by the time I got to it, I decided to wait for the second wave buying. Luckily I was able to dump it after its spike past 5, before it tanked.

Nothing else panned out either. I bought 5000 DCTI, was not too comfortable with it but after doing a little more work tonight on it, I think this is a winner. People are calling for 9 on this, 8 by the end of the week. I think this is a good call. When looking at today's pattern every time it got weak, it was met with another round of buying. We will see but I believe this a good one.

Couple of other intradays that did not pan out. All in all, I never recouped the loss from early on. That is the way it goes somedays.

KTEL is something else, wouldn't touch it here but I will be watching. EGGS still looks interesting but I am not convinced yet.

Good luck tomorrow AM, going to be a great opening it appears.

TJ