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


To: Capt Ron who wrote (3606)1/8/1999 2:41:00 PM
From: Trader J  Respond to of 56535
 
Ron: SLEU - It just is not compelling enough for me. Right now, in the current market I am looking for those compelling stories that will persist which will support an issue's price. So many of these issues just run because of the Tmex call and momentum. This market has been much too strong recently and I fear the downside for many of these.

That is why I look for compelling stories such as NAVR (Upcoming IPO) and ASCT (Takeover rumor).

With some of these other issues, as soon as the volume drops off, so will the price, and they will go quick.

Trade well.

TJ



To: Capt Ron who wrote (3606)1/8/1999 11:35:00 PM
From: zora  Respond to of 56535
 
Capt Ron

SLEU

I just got an e mail from The Stock Investor Newsletter with their Jan pick of SLEU. They are setting a target price of $17-19 from a current price of $6.75.

If they are right, you can take us all out to dinner. <g> You may have something there, you never know.

zora