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


To: Canuck Dave who wrote (10458)3/2/1999 4:54:00 PM
From: Trader J  Respond to of 56535
 
CD: Rate - I don't see much happening with rates personally but the fact that it is now in the forefront of everyones mind is causing the uncertainty in the american markets. Greenspan rules and when the direction isn't clear, you see this give and take that we are getting now. I love it.

Somewhere in this mess will be another big run as I expect to see 11000 before the year is out. That may, or may not happen, but there is too much money on the sidelines right now waiting for reentry.

Somewhere out there is the next 2 or 3 big Inet stocks that will cruise to 100+. We need to find them before the rest of the market does. I am thinking about getting the group together to start researching the possibilities for identifying the new players, or the older beaten up players like ONSL, DRIV, COOL, etc. They are out there....just need to dig them up.

I think DRIV has the best chance but there looms much uncertainty over this issue with new dilution coming into play and some margin questions.

Tj