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


To: DM who wrote (5071)1/19/1999 9:18:00 AM
From: Spark  Respond to of 56532
 
To all,

(S) PMTC - Fiscal 1999 First Q results :Revenue for the first quarter was $250.1 million, compared to with $258.9 million same period last year. Read the rest yourselfs if you like,

freerealtime.com

Good trading
Spark



To: DM who wrote (5071)1/19/1999 9:19:00 AM
From: Poet  Read Replies (1) | Respond to of 56532
 
Thanks all for the bid info. on IMON.

Yes, it looks as though there's been plenty of premarket activity on it. There is increased demand to buy, hence the bid (offers to buy) is up. There are people willing to sell as well (the ask) but they're raising the price at which they'll part with it.

The market looks to rally nicely today, so I think we'll see good upward movement in NAVR and IMON, and just about everything else. FWIW, NAVR last traded at 17 15/16, and it's now bid at 18 1/4.

Keep your eyes on just two or three issues. Don't overload yoursleves. Wait for the INEVITABLE pullback sometime after 10:00. I'll post my thoughts on the pullback, but there will be some delay. Watch the high of the day (so if IMON goes to 10, then stays at 9 1/4, the 10 is the high). You can count on the pullback being a point or so below that high. It may be a fast pullback so you may want to set a limit buy at a point below the high, or two points, and see if you can catch it.