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

To: Poet who wrote (4757)	1/16/1999 1:17:00 PM
From: Chris O'Keefe	Read Replies (1) \| Respond to of 56535

All, I have heard about this thread, but really didn't know much about it until just last night when I made my first post (a question involving finding a new broker--I got some great PM replies). I had heard the name "Trader J" around SI for some long while, but I had never taken the time to look close at this thread. After getting some great replies, I must say I was impressed and this morning read all posts here since #4600. This is a great thread! You guys do great work! What is really exciting is that many of the stocks on my radar are mentioned here. Some of the analytical and speculative posts made here are almost pure reflections of my own thoughts on NAVR, DBCC, IMON and others. Currently I'm in IMON and it's helping to dig me out of a huge hole that I fell into starting back in September. Do any of you have horror stories of losing money in the market? Well, now I have a good one, too, and it took about 14 weeks to create this nightmare. (I swear I thought they were dips in PLRP, so I held. Turns out they weren't dips, it was a downward slope!!) Anyway, if IMON goes to $20, I'll be back in business. However, as I become an "expert" on IMON (I've read over 500 IMON posts in the past two days) I see that this is dicey. If the market continues to chant the mantra "Sun Microsystems, Intel, Web search engine, IMON" then we are going to $20, of course, I don't care what people think about version 5.0 of WebZinger. The powerful alliances IMON has, and the hope/promise that version 6.0 will be great, would win the day. Of course, the "if" I mentioned is a mighty big IF. Do we really know enough about the company and its products at this stage to know a "fair" evaluation? I think not. I think IMON has a decent shot at going past $15 soon (and that's my hope), but on Tuesday, I'll have a mental stop loss starting at $5.25 just in case (!). Hope you don't mind if I lurk here a bit folks. Thanks and good luck to all, Chris