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

To: Triffin who wrote (1154)	12/7/1998 4:55:00 PM
From: Trader J	Read Replies (1) \| Respond to of 56535

NAVR - Great day today. Traded NAVR 3 times and all with solid profits. My only loss on the day was a TokyoMex pick.....hmmmmmm, again. However, PMB does look decent at this price and takeouts do not happen overnight. Still looks like it has potential. This past week I have been in the zone and feel comfortable with my trades. Cutting losses without feeling and picking good exits on those runners to lock in the gains. Today NAVR made me close to 10K and if I had just not traded it, would have been much higher. But you cannot have it both ways. Remember that you must assess your own risk and find out what your priorities are. I have said it before and I continue to say it. Trading is as much capital preservation as it does capital appreciation. For those willing to take on more risk, you have the potential for larger gains ..... and larger losses. For me, I do not need to break the bank over night. Hope all did well today...was a great trading market today. Tomorrow I am expecting to see a nice gap on NAVR and I will judge the strength, volume and hype as I normally due to find the exit. Most likely it will be very nearly at the open. Good luck to all and lets hope we see some market strength to support our NAVR hype move today. Last time, we were not so lucky. TJ