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


To: Lawrence Burg who wrote (8606)2/10/1999 11:22:00 PM
From: thumbelina  Read Replies (1) | Respond to of 56535
 
ASCT - can't help laughing - the Yahoo board is all abuzz about Tokyo Joe and his prediction of a takeout tomorrow. Why would he put himself out on the line to say the buyout will happen tomorrow??
He is putting himself on a limb (unless he really knows something and I am not saying he does) - yes many have been speculating about a buyout at a substantial premium to the market was possibility but why Thursday? I heard you mention the same TJ - Thursday. In other words if not Thursday then many will dump? The volume has not really been there until the past 3 trading sessions and yet still not huge -
just high relative to it's normal volume. I think volume will be more intense tomorrow. Waiting and watching - too bad I have an appointment at 1pm guess I have to use some of those limit orders - hard to know where to set them though.