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


To: M. Scott Gegenheimer who wrote (1495)12/9/1998 5:55:00 PM
From: StockOperator  Read Replies (4) | Respond to of 56535
 
Hi all,

Hope you guys had a profitable day trading. Sorry to say that I missed all the action but I had a crazy day outside of the markets. To answer your question, M. Scott, I look at all insider trading but I prefer to see insiders in the Co. making open market purchases of their stock. And of course the number of insiders in the company buying back shares is also very important.

Poet, in response to your question I believe there is something to be learned from all the serious posters on any thread. We all have our own styles but there is strength in diversity. I would like to help in any way I can, but keep in mind that my mode of trading is strictly technical. So if you are in need of some technical help count me in.

I posted some stocks three days ago on Mex's thread (22705). They have done pretty well in only three days -

POSO $2.5 today it hit 3.5
VISG $1.5 yesterday it hit $3.3
ACEC $4.2 today it hit $6.0

ACLR was my other pick it had a rough day today. Because this stock is at a crucial point on the chart you often see wide price swings before it starts its move. I'll be watching this stock closely here looking for a turn around.

Guys I would watch REDB tomorrow very carefully, The stock had a solid day closing at the highs of the day on four times yesterdays volume.

StockOperator