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


To: Trader J who wrote (399)11/10/1998 6:33:00 PM
From: DM  Respond to of 56535
 
With intel announcing they expect better 4th qtr than 3rd and IBM receiving positive remarks on CNBC after the close, anyone think that those of us who can not trade after hours can still get in one or both of these in the morning and make a profit? TAI.

Happy trading
DM



To: Trader J who wrote (399)11/10/1998 8:27:00 PM
From: Poet  Read Replies (2) | Respond to of 56535
 
KTEL really sold down before the close: from about 29 to 22. I picked some up for an overnight gap but will check out CDNW tomorrow.

Since we're being encouraged to be honest about our trading -- and Jeff has set a fine example for us -- I've gotta unburden myself (start the violins, boys) and admit to having lost a few thousand trying to play GERN. I wasn't able to short, so tried to catch little pullbacks, but it has such downward momentum that I got creamed. I'm now officially stating for the record that I will not play with fire until I earn my firefighter's liscence-- or I have five positive trading days in a row, whichever comes first.

Girl Scout's Honor,
Poet



To: Trader J who wrote (399)11/10/1998 8:46:00 PM
From: Coz  Read Replies (3) | Respond to of 56535
 
PMTC

TJ, Could you take a look at PMTC and tell me what you think. The chart looks like it has formed a cup and handle. It took a pretty good hit today, and I think this might be the time to buy.

Coz