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

To: Nicole Bourgault who wrote (12623)	4/14/1999 2:13:00 PM
From: American Spirit	Read Replies (1) \| Respond to of 56537

My take on the market is this. Very healthy sector rotation going on. One at a time all the sectors are climbing. Undervalued small caps are all doing well, or will soon. E-nuts are still strong but some cautionary selling is going on now due to the recent run-up and don't forget all those checks to Uncle Sam going out now. Buying ops in e-nuts should present themselves today through Friday. BKS for example at 36 and change. ONEM at 37 and change. CDNW at 15. ELNK maybe down to 80. Just pauses in continuing run-ups. I expect those and others will go back up next week barring the unexpected. Sooner or later there will be a correction but so far investors have used every dip as a buying op so I guess so should you.

To: Nicole Bourgault who wrote (12623)	4/14/1999 2:31:00 PM
From: Trader J	Respond to of 56537

Nicole: Market - I don't think this weakness, intraday, will continue much longer....it showed itself too soon. I would bet on a rally to close the day.....but for the remainder of the week I am expecting minor pull backs. We need a good healthy retreat to create some value. J

To: Nicole Bourgault who wrote (12623)	4/14/1999 2:35:00 PM
From: LTK007	Read Replies (1) \| Respond to of 56537

Nicole-So much for my dayoff had to sell something and I sold my todays purchase of CDO at breakeven,as I am a little uncertain about the market right now--I am back to 50% cash--was looking at NAVR and CYCH and quite a few others,thinking about buying in on todays pullback on them,but am definitely hesitant--may get a better bargain tomorrow Right now I am looking for the basement floor in oils--as they have been bounces nicely off that floor and then fall back,I have yet to time it yet right yet.Max