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


To: Vicrobi who wrote (4071)1/12/1999 3:36:00 PM
From: Trader J  Read Replies (2) | Respond to of 56534
 
All: We are into the last 1/2 hour of today's very "corrective" action. Please wait until clear direction is found before making that buy. Please also weigh the risks of the YHOO report after the bell, I do not know if it is worth the risk. I am thinking of selling 1/2 into the close here so that, perhaps I could avg. down on NAVR if I was so inclined. Right now, I am leaning toward holding overnight. But there are many risks with doing this, for NAVR as well. Could gap down big at the open....could also gap up. Much will be determined by the YHOO report. I do suggest limiting risk though however you can.

Good luck to all, and please be safe. Lets hope for the upturn that I am expecting....I do not see how we could sell off much further now.

TJ