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


To: Tony B who wrote (1554)12/9/1998 10:41:00 PM
From: Cookie Monster  Read Replies (3) | Respond to of 56535
 
HELP! Cookie Monster under attack from the ASTM Gestapo!

Okay...now I'm being called a short and a fool. I might just be....but they are talking about ASTM being a cure for AIDS???

Now...I'm no doctor. But Aids is a virus that infects cells. It doesn't kill cells like cancer, but rather spreads and weakens the immune system. The ASTM crowd says ASTM procedure may cure AIDS.....if the procedure is simply to replace bone marrow transplants, so that the body will produce new red blood cells, how will this stop aids? It would be like saying a blood transfusion of healthy cells would stop the aids virus in a body....???

I think we are safe to say we are all going to make big $$ tomorrow off the hype on that other thread.

I'll let you know if my furry blue body takes any more of a beating over there. Actually, I'm going to watch the Canucks against the Ducks. I'll be back later kids!



To: Tony B who wrote (1554)12/9/1998 10:43:00 PM
From: Trader J  Respond to of 56535
 
Tony: ASTM - These gaps are getting harder and harder to call, MMs are taking it in the shorts on so many that they are changing the way they trade them.

I see no reason to change from the attitude of watching the initial direction and selling into the strength. It could still run, but most likely it will pull back and then run. GERN opened up huge, fell back 5 points and then ran 7. Potentially the same thing could happen, not to those extremes though.

ASTM has the goods now where GERN was future based, but GERN is still fresh in the mind of everyone which will probably limit, to some degree, the hype. This is also not THAT new, and news has been hitting for the past couple of days.

If I sell, it will be within first 5 minutes or so. Perhaps it will be a holder.

TJ