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


To: Trader J who wrote (4571)1/15/1999 1:41:00 PM
From: Trader J  Respond to of 56535
 
All: I am taking it very slow for the rest of the day and will not be playing anything else other than NAVR (See my Tmex thread post from a few moments ago). Rally has stalled a bit and with the MKTW madness, valuation talks will begin again on CNBC et al.

Good story behind NAVR with upcoming IPO and I believe that will be enough support, especially with their initial 85% stake in NetRadio and the MKTW run up. People should be looking for another play and NAVR is the most awaited news of all upcoming issues IMO.

Only added 1000 here to allow for an avg. down and to protect agains a NAS plummet. Will add more on strength or good market conditions.
Please be careful about this long weekend, and there will be a lot of talk about the Inets in general. I would be selling any non-story stocks in the Inet sector. Just to risky to hang on.

Good luck.

Preservation....