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


To: Trader J who wrote (10896)3/9/1999 10:07:00 PM
From: Trader J  Read Replies (1) | Respond to of 56535
 
MLG - Not sexy at all, but if it is an up day tomorrow....someone will make money on this one. 11 is its low trading point and it breached that at the close.

This issue is great for 1/2 - 1 1/2 very quickly, and is stable in what can be a crazy market. Sometimes not sexy is good.

Try not to get caught up in all the fast movers and take some time to see some of the true gems that are out there for the quick 1 point or so, w/o sacrificing your risk tolerance. MLG is one of those.

I would like to see someone trade this issue if tomorrow is neutral to up......and you can throw it back in my face if it doesn't move up. How about that for an offer. lol

Tj