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


To: melinda abplanalp who wrote (2551)12/24/1998 6:30:00 PM
From: BarbaraT  Read Replies (2) | Respond to of 56535
 
No shakeout ... only up a point since I mentioned it, and I picked up a teeny bit more at the close at 6 7/8. If this one has merit, I would grab it at the open (unless it has a huge gap up, which I doubt) as it will probably open at the same or a slight gap. It is just starting to get noticed ... so this is still early. If it gaps more than a point, then I might consider waiting. However, SKYM today was a typical example of a runner ... it opened up about 3/4 point above the close and I felt it was too late to get a bit more, then it was up to 7 1/2 and I was sure it was too late ... anyway it ran straight to 10, backed up only a point or so and took off for 14 and backed up 3 points and then soared after a CNBC mention.

So - if you like it - don't wait too long. But check out their website and read some of the press releases. Please don't buy it because I like it. I seldom put out picks because I hate to take such a responsibility. I put out AWEB at 1 3/4 and it ran first to 4, then 7 and then 17 and back to 9 and then 4 and now I know not where. And I got a pm from someone blaming me because he bought it at 11 and has lost money. I put it out twice - just under 1 and at 1 3/4 - I didn't think it was a long term stock, but thought it had a good chance of a run. I feel the same about this one ... but I could be wrong. Do some research and then decide.

Anyway, I am not very good at research and so am reluctant to put out recommendations since so many here are better qualified than I. But I sure do get some good feelings once in a very great while. Hope I'm right on this one.