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


To: ThePro who wrote (8269)2/9/1999 3:15:00 AM
From: LTK007  Read Replies (1) | Respond to of 56535
 
Whewee,do we have-high wire tension on this one?(NAVR,that is)---I am feeling good right now on being about 70% cash--I am holding 2k at 15.5 and (the pain!) 2k at 20.25--for a roughly 18 c/b. So if this breaks the wrong way on me in A.M. I think I will just carry a temporary paper loss
and double up when I see it's bottom--and make this into a major position play---if the news is good,that is the S-1 is filed--I will pile on for both a daytrade and a hold over position----is anyyone watching NETS closely--any thoughts appreciated---still feeling the pain of having had to clean table on SATH at 17(because of hospitalization) I was right (for about an hour!) that it would pullback--it pulled back from 25+ to 18+ but it's reload was awesome---CBS Marketwatch coverage really pumping this--glad I am neither short or long on SATH right now,tough call---Max



To: ThePro who wrote (8269)2/9/1999 4:06:00 AM
From: LTK007  Respond to of 56535
 
Pro the CBS report is an unclear minor mention---until NAVR announces
the filing we will go down,I think---Max90



To: ThePro who wrote (8269)2/9/1999 10:20:00 AM
From: LTK007  Read Replies (1) | Respond to of 56535
 
(NAVR)Well as of now held pretty well---people I think now understand the intent of the release---NAVR relizing that everybody had the 60 day rigidity in their head simply made the press release to reaffirm it is very near---a reminder to everyone,S-1s are HUGE documents written by bankers and lawyers--- they are NOT something you scribble out on a piece of paper---Paulsen is not holding this up--he is probably on phone everyday saying are you guys done yet!! Max90