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


To: Trader J who wrote (2225)12/16/1998 11:42:00 PM
From: kha vu  Read Replies (1) | Respond to of 56535
 
check out my message #2223 posted on this board...



To: Trader J who wrote (2225)12/16/1998 11:44:00 PM
From: Tim Luke  Read Replies (2) | Respond to of 56535
 
for the newbies:

when you get a stock like afci, you and i and everyone else who bought it today knows ZIP about it and then after everyone takes their 1/4 to 1 point profit in less then 1 hour and leave you end up with a stock that is dead....i traded it today and most likely will never look at it again.

you MUST know that this is hoe the game is played and either know this or stay far away from these kind of picks....or you will get your butt handed to you.....stick with high volume well known stocks and you will do much better



To: Trader J who wrote (2225)12/16/1998 11:44:00 PM
From: kha vu  Read Replies (1) | Respond to of 56535
 
sorry the message is #1409 about merrill rating AFCI



To: Trader J who wrote (2225)12/16/1998 11:45:00 PM
From: Vicrobi  Read Replies (1) | Respond to of 56535
 
AFCI - so...would you hold or dump it ASAP?
Vic



To: Trader J who wrote (2225)12/17/1998 12:11:00 AM
From: Trader J  Read Replies (1) | Respond to of 56535
 
Things looking up, Futures have narrowed the gap considerably: See below:

GLOBEX PRICES AS OF 12/16/98 11:05 PM TRADE DATE: 12/17/98

CONTRACT LAST NET CHGE

S&P 500 MAR99 1174.00 -80
E-MINI DEC98 1163.00A +25
MAR99 1173.75 -100
NSDQ100 MAR99 1682.00A +150