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


To: BANCHEE who wrote (6692)1/29/1999 12:49:00 PM
From: steve brooks  Read Replies (1) | Respond to of 56535
 
To: All PRFM

Considering jumping on board but have some reservations:

The stock is up almost 100% since Monday. What is the likelihood of traders taking profits before the weekend. Buy the rumor and sell the news sort of approach.

Unfortunately, I will be in a meeting this afternoon and will not be able to bale if the stock does sell off. Also missed the am pullback due to meeting. I will be out of town until Wed. next week so if the stock tanks I would be stuck.

TJ and Poet:I would like to know what you think about this stock next week after the news is out?

Given my situation, it may be best for me to do nothing.

Thanks and Good Luck!