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

To: Nicole Bourgault who wrote (9432)	2/19/1999 4:11:00 PM
From: Trader J	Read Replies (1) \| Respond to of 56535

PCNTF - Yes, it was a very nice close....somewhat typical of this issue into a strong market. Does not move much intraday with the exception of the first 1/2 hour and last 5 minutes. Seems to gap open, settle, trade in a range and then run or dive at the close. Which is ideal for trading based on NAS volume and end of day momentum, whether it be up or down. Going to do some heavy DD on it tonight....but I am expecting good earnings and that will get this issue noticed. More importantly than the actual numbers will be the forward looking statements regarding growth. The nice part with this issue as I see it is that they will do well on their own....or get taken out. Tj

To: Nicole Bourgault who wrote (9432)	2/19/1999 4:17:00 PM
From: snerd	Read Replies (4) \| Respond to of 56535

Trades... Well, my trusty little rinky-dink scanner bit me this afternoon. First off, I needed money to trade with, so closed out my EFAX for minimal profit this a.m. Now I see it ran up to 5 13/16! Just my luck! LOL Then watched ALFN and DYPR on my scanner page screen for TWO hours, then put in limit buys well below where they were trading. Just before the close, they dropped, picked up my limit buys, then kept on dropping! Again, just my luck! LOL Snerd