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


To: Canuck Dave who wrote (5179)1/19/1999 6:13:00 PM
From: Trader J  Read Replies (1) | Respond to of 56534
 
Canuck - When it goes, it will be quick, no doubt. Hopefully, it will be preceeded by volume and a nice steady increase in price, but there are no guarantees.

I know it has only been a month or so but this issues pace is lulling me into a false sense of security that I will always be able to pick up relatively cheap shares....when that isn't true. Like today for example, I wanted to add shares but wanted to wait for high 3s or 4. Never saw it today so I said, maybe tomorrow....as it went to 4 1/2. Tomorrow, who knows it could be at 5 and I will be saying, "if we just see 4 1/2 again, I will add shares".

I am torn between NAVR, who I know is going to go and ASCT.

As for those that may be reading deeper into my words, I cannot help them as my feelings on ASCT are out there and are completely honest. I guess you have no way of knowing, but I could have added shares before refreshing the rumor but that is not the way I operate. I share the information as it comes in, regardless of timing.

I agree though, today's action looked good. But I don't know how much of that was because of the rumor. Tomorrow will tell more. Hang in there.

TJ



To: Canuck Dave who wrote (5179)1/19/1999 6:34:00 PM
From: ArtAlley  Read Replies (1) | Respond to of 56534
 
ASCT: doesn't seem like it takes a lot to 'edge it up' in price a little....and it doesn't seem to be looking for the $3+ area right now. I added more today...and have a lot of shares...will add more tomorrow on any dips...this stock has TWO distinct possibilites...take-over and the new drugs before the FDA...kinda increases the odds...of something GOOD for all holders!