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Technology Stocks : Audio and Radio on the Internet- NAVR -- Ignore unavailable to you. Want to Upgrade?

To: Jon K. who wrote (3537)	1/8/1999 2:12:00 AM
From: HairBall	Respond to of 27722

Jon K: I usually do not do post analysis on stocks, but for you this once. Per my indicators: Position Trade Latest Signals Sht/Medium Term: Buy 12/24/98 Medium/Long Term: Buy 11/12/98 Of course I couple the position signals with my Day Trading signals which are fluid and occur intraday. I initiated my first long position after the 11/12/98 med/lng term position signal if memory serves me correctly. I was able to take advantage of the first run up long and short the usual retrace. I have had several positions in NAVR both long and short. I always let my winners run (long or short) with a trailing mental stop loss. Of course, positions that go against me are closed ASAP, as soon as the mental stop loss is reached. If it reverses and heads back in the orginal expected direction, I may take a new position. Sometimes this leaves a little on the table, but I never take big hits. Of course, sometimes I reverse my position and go with a new momentum direction. My latest position is long at $10 and I expect this stock to run as the IPO gets closer. Time will tell...but I expect 2x to 3x from here soon. Note: This is a "internut" momentum play of which, "new era" manic investor rules apply. Don't get greedy and no one ever went broke taking profits...<g> BWDIK Regards, LG