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


To: campe who wrote (964)12/3/1998 3:12:00 PM
From: Trader J  Respond to of 56537
 
SME - Feast or famine. Huge float for that issue. News looks ok but I still would expect to not get much more movement after tomorrow. Chart shows some strength below but I would guess you would see a retracement back to that level after the volume dies. That much volume only produced a 7/16 gain .... I would not want to buy now.

TJ