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

To: JamesT. who wrote (10084)	2/26/1999 8:18:00 AM
From: Poet	Read Replies (2) \| Respond to of 56532

James T: Welcome to the thread! Since many of us sit reading posts and staring blankly at the screen wondering what to trade, you should feel right at home here. <g> I'll take a look at ITGR's chart and let you know my (elementary) opinion. You'll probably get a much better answer from our many chart readers, though. Glad you've joined us.

To: JamesT. who wrote (10084)	2/26/1999 8:39:00 AM
From: Tony B	Read Replies (3) \| Respond to of 56532

JT - ITGR I can't tell where this issue is headed. I'm a little worried that after yesterday's gap down that it could be headed back down the 3 1/2 - 4 range. But, that could have just been the down markets yesterday. Who knows. I'd say as long as you stick to your goals with the issue you'll be fine. If you're in for the long or mid term, you can give it a little leeway. If you were just planing to play it for a week or less, don't let a small loss turn into a big one. If you stick to discipline, you'll be fine. (For a complete lack of discipline, see my BKS trade a bit ago). Wow, I don't know if it was the weather or what, but I'm definitely not feeling as crazy as yesterday. It's still early tho... smirk llater, Tony B

To: JamesT. who wrote (10084)	2/26/1999 8:45:00 AM
From: Poet	Read Replies (1) \| Respond to of 56532

James T: ITGR: I just looked at the ITGR chart and it looks to me like a stock at the end of a three-day pop by daytraders. Since this stock has a history of selling off at the close, combined with today being Friday (more volatility), and today being the last day this issue with be in play (increased volume), I'd sell into the open for whatever profit you can get. I agree with Tony in that I think it's due to return to its baseline of 2-3 soon.