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

To: Trader J who wrote (1545)12/9/1998 10:33:00 PM
From: Tony B  Read Replies (2) | Respond to of 56535
 
All - Question/ASTM -

With the expectation of a gap for ASTM, I'd like to echo the question of Shmar's. What's the best way to handle a possible gap?

Simply sell into the strength? How would you handle a early morning sell-off (I'm still sore over NAVR)?

Thanks. I'll be watching the action on ASTM tomorrow and pulling for it. I don't have any money in it, but I'd hate to see a lot of people get burned. Good luck.

llater,
Tony B



To: Trader J who wrote (1545)12/9/1998 11:58:00 PM
From: Joseph Lee  Read Replies (1) | Respond to of 56535
 
Newbie Mistakes: Dialy -
1. My timed entry point was on the high side at 5 (2157 shares).
2. I went in blindly at opening, letting greed and fear control my actions.
3. I chased the stock like a fool in a frenzy, to buy before it got away.
4. I acted on the hype, and did no research.
5. I sold a good stock at a loss, to get in on DIALY.

Just some of the things I have learned just on this buy.

JLP


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