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

To: Tony B who wrote (1106)	12/7/1998 12:00:00 PM
From: Mike McFarland	Read Replies (1) \| Respond to of 56535

Took gains in Celgene, CELG...1k x $2.5 --as they say on South Park, that's sweet man. If the news item makes CNBC or something I suppose it could still pop up a few bucks more...but will defer to the bird in the hand theory of trading, rather than the let profits run hypothesis. Picked up some Hyseq today, HYSQ... definately not a tradable stock, just speculation (arent they all, ha ha) so ignore that one. Holding Pair which I got at 7 1/4...not adding any more yet...PAIR is looking more and more like a value play which will have to cook a few months, at which time it will come back into the $teens, or get snapped up by one of the other players. If I add any to that batch it will be on tax loss selling weakness or any weakness which might coincide with a bad day in the markets etc. --MM