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


To: Trader J who wrote (3869)1/11/1999 6:03:00 PM
From: Mike McFarland  Read Replies (1) | Respond to of 56535
 
daysleeping....Pairgain

Oh sure part of me likes the night shift too--
I remember working "mids" as we call them in
the Weather Service down in East Central Nevada.
The town of Ely only had about 5k people, and
with the clear skies at 6400 feet and no light
pollution, I did my share of star watching.
It was the only place I remember being able
to see the smudge that is the Andromeda galaxy,
with the naked eye. I almost get choked up when
I think about it.

Getting back to stocks for a moment, as you all
know I've been watching PAIR, traded it once for
a grand, but have been timid of late. My morning
call was for it to quickly rise a buck in sympathy
to the LU/ASND prospects, and then fall. Well, it
only rose a tad...but then it did fall, along
with the rest of the market...and then there was
50 cents for the taking in the afternoon.

The volume is not as high as it once was in PAIR,
and it seems to just be going along with the
market. This suggests to me that it has lost a
bit of the attraction for a stock with which to
daytrade.

--MM



To: Trader J who wrote (3869)1/11/1999 7:34:00 PM
From: Len  Respond to of 56535
 
DSP: Did a little DD on DSP this weekend and in my opinion this has quite a lot of room to grow. It may not be a great trade stock but could be a good position play. IBD had it rated 99 98 AAA.

Bought at 18 and it closed at 19. It's a tech(hardware) but not net.

Regargds,

Len