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


To: Triffin who wrote (4394)1/14/1999 10:54:00 AM
From: Trader J  Read Replies (1) | Respond to of 56532
 
TRADE: Got 1000 NAVR @ 16 1/4. Rising NAS and I think we have some strength here. Was worried that when we broke down, it would accelerate to the downside. We found good strength.




To: Triffin who wrote (4394)1/14/1999 10:57:00 AM
From: Trader J  Read Replies (2) | Respond to of 56532
 
All: I will be away for most of the day, probably through market close. I am keeping my ASCT, as always, and will hold my NAVR. I think we will get our IPO announcement very soon....after the bell today or more likely tomorrow. UncleWest's theory makes sense here and is logical.

If we can keep some Inet strength here, NAVR should do VERY well. Beware the gap though between the announcement and the actual IPO date, many will sell the news and put their money elsewhere until the IPO week arrives. Choose your strategy, trade it or hold it and don't watch it until the IPO, but stick with your strategy.

GOod luck all, and trade well.

TJ