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


To: Constance S. who wrote (7785)2/5/1999 9:20:00 AM
From: Poet  Respond to of 56535
 
Position Trade Possibility: JTFX:

Jetfax (JTFX) has been moving up on very high volume over the past few days, on news released on Business Wire (Jan. 27) that it will be offering free fax service via e-mail.

It popped over a point yesterday, is gapping up this morning to 8. I will be a buyer this morning, hopefully after a little pullback into the high 7's, then will hold for a position trade into next week.

Here's a link to its chart and recent news releases:

clearstation.com



To: Constance S. who wrote (7785)2/5/1999 9:20:00 AM
From: Triffin  Respond to of 56535
 
INDEX.....Thanks

Jim in CT..