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


To: DadisKing who wrote (1160)12/7/1998 6:18:00 PM
From: Trader J  Respond to of 56535
 
Dad: I do not use Lvl II either. Just have never gotten around to signing up for it. Have been trading blind for a long time w/o a problem.

Lvl II though is a very valuable service. I would not scapl exclusively without it.

TJ



To: DadisKing who wrote (1160)12/7/1998 6:22:00 PM
From: hoffy  Read Replies (2) | Respond to of 56535
 
Re: NAVR

I wouldn't sell into the morning gap. Joe Kernan announced it a few times that NAVR willbe on CNBC on Wednesday. You know he will do it a few times again tomorrow and the stock will pop each time he does. I Am looking for a gap in the morning to about 16 and then a run during the day. Wouldn't be surprised to see 20. If you are conservative I would then get out before wednesday. If you are a gambler then stay in it and hope that they announce the Netradio IPO. If they do it'll be another gapper on Wednesday. But that's risky.
I don't see a reason for a selloff before wednesday. We';ll just get mentioned a few times by Joe and you know they won't trash it before they come on.
I will be selling some late tomorrow and probably holding some free shares for a chance on Wednesday.
Just my opinion and how I will play it.