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

To: Jon K. who wrote (6924)	1/30/1999 8:07:00 AM
From: unclewest	Read Replies (2) \| Respond to of 56535

IDTC i know everyone is tied up in navr and prfm right now. i have mentioned this one 2 or 3x now. i promise this is the last unless ya'll see what i see. net2phone opens this weekend. i am in from 12. this from yahoo. i only suggest taking a few minutes to look at it. unclewest Visit a sample page of the soon to be launched e-commerce site, EZSurf, a multi-media mall. ezsurf.com Get an explanation of Click2talk from IDT's home site. click2talk.net2phone.com See how IDT brings e-mail to your phone. mailcall.idt.net Check out IDT's Myspaceonline internet community. myspaceonline.com\webserver\oasis.com\upg rade\download\idt\index.mph&1&none&idt2&1&1& Learn how Net2phone can reduce your long distance bills. net2phone.com

To: Jon K. who wrote (6924)	1/30/1999 12:36:00 PM
From: Trader J	Read Replies (1) \| Respond to of 56535

Jon - Big losses are just waiting for all of us if we make a wrong move. Luckily, for me my cost basis is around 10 so any potential loss would not be excessive. I must say I am a little confused as to what you would have doubts about me on though. Know that you can always questions anything I say or do and you will get an honest, and objective response. As far as putting too many eggs in one basket, I think it is relative to each person what constitutes "too many eggs" or shares. In my case what I am trying to do is not get carried away looking for the big kill. I am trying to limit my share amounts to 3000 shares until after I have gauged the direction of the issue. I will then add or subtract appropriately. But usually what I do in this case is purchase 1000-2000 immediately, if it gets stronger, add another 1000, and.... at most, another 1000 to end up with 4000. In my mind I don't want to own more than 5000 shares of any fast mover. It is just not worth it to me to have more than 5k shares riding on the random events that can affect stocks. I decided to make my money a little at a time, it is safer, and much less risky. But again, as a general rule ..... you will not see me with more than 3000 shares of a fast mover unless it appears very strong and has a good story. The only ones that have qualified recently are NAVR and PRFM. Hope this helps. TJ