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


To: Trader J who wrote (3074)1/3/1999 3:38:00 PM
From: M. Scott Gegenheimer  Read Replies (1) | Respond to of 56535
 
Trader J - I think PSFT will be a good trading stock probably bouncing b/w 18 & 21. When I said dead money for 1999 I meant as a long term play not short term trade. I will probably buy on weakness and look for 1 to 1.5 pts.

Do you have any thoughts on XYLN? I still have more DD to do but it looks go so far. I will post my comments after I finish my DD.

I will probably add to my NAVR position on Monday. Still hoping for the IPO announcement in early Jan. w/o the announcement the stock will probably pull back. Any comments on NAVR?

BAMM is causing me problems (in at $18+). Like the stock long-term. I haven't decide if I should cut my losses now or consider it a long term stock and hold. If I was a true short term trader I would dump stock, but I'm more of a long term trader with about 20% of my portfolio in position trades (1-2 weeks).

Regards,
Scott.

p.s. Congrats to you and your wife on the baby.