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


To: Trader J who wrote (3228)1/5/1999 8:50:00 PM
From: Maakamil  Read Replies (1) | Respond to of 56535
 
TJ - Actually, my error in the DBCC trade has been one of laziness. I simply haven't done the necessary DD to give me the confidence to stick with my original objective. When I catch myself wavering, that's usually where it comes from.

This trading is hard work! Good thing it's so fun. Thanks for your input.



To: Trader J who wrote (3228)1/5/1999 9:33:00 PM
From: steve brooks  Read Replies (1) | Respond to of 56535
 
TJ: ASCT

I finally got tired of watching IOM move up a 1/2 and then slowly drop an 1/8 each day back to the 7.5 mark. Got out today with .5 point gain but I will be watching it as I think it will still trade higher.

I am considering adding to ASCT @ 3.75 if we see that on Wed. Unfortunately, I have to leave town and my computer for about a week. I will hold the stock for the next 2 or 3 weeks to see if the rumor pans out. If the announcement of buyout comes while I am away and the stock rises <G> to the buyout level, is there any need to sell immediately to get the buyout price or will the stock trade at the new price for a while? Please forgive the rookie question.

Good Trading & Congratulations