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


To: LTK007 who wrote (8963)2/15/1999 5:10:00 PM
From: Trader J  Read Replies (4) | Respond to of 56535
 
Inets: Seems that more and more market pundits are lining up behind the Inet bubble bursting prediction. I am beginning to see the chances of any sustained rally slowly beginning to fade.

For the most part, individual investors will do as they please, but there have been many head blows to the Inet sector recently and the killing blow may not be that far away. More than ever I believe we need to use caution here.....

Invest wisely in those issues that don't have that far to fall relatively speaking. I would personally suggest those issues with a very strong event or story behind them. But remember, if the Inet sector as a whole takes a header, the stories that move these issues will not help much either.

NAVR, still one of my favorite issues .... although I would like to see it closer to 12. Their constant delays in the IPO filing may end up biting them in the a$$.

Tj