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

To: Trader J who wrote (1166)	12/7/1998 7:50:00 PM
From: hoffy	Read Replies (1) \| Respond to of 56535

TraderJ: I agree that usually selling the gap and buying back later works very nicely most of the time , but I plan on just holding it throughout the day. I really think it may gap up and the pullback will be brief and not that far to cash in on buying back much lower. I wouldn't want to be out of it because the short squeeze might happen very fast. It might open at 16, briefly drop to 15 and within a few minutes head right towards 20. I would rather be in for the entire ride. But we all have our strategies. I understand yours and wish you the best. I bet we all make a lot of money in NAVR tomorrow.

To: Trader J who wrote (1166)	12/7/1998 9:27:00 PM
From: DO$Kapital	Respond to of 56535

Hi TJ, Was wondering about this selling and re-entering business vs. simply holding...is this a strategy to lessen the risk? My major problem is an incompetent broker, poor fills, no stop losses; the stress of placing an order with a broker I have (less than) ZERO confidence in is making me averse to trade so I find myself holding and assuming added risk. Obviously, I will be switching to a US based broker but I hate to be "out of commission" during the inevitable bureaucratic delays. Anyone here have a broker they actually like?