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


To: Trader J who wrote (12659)4/15/1999 12:42:00 AM
From: Mike S.  Read Replies (1) | Respond to of 56537
 
Question for the more experienced. WLDI..Was very high on buying volume today which moved the stock up 40%. The buy/sell volume continued pretty much the same throughout the day but the stock tanked down to only a 6% gain. Looking at the clearstation graph, today had the highest buy volume that there had ever been on it. Any reason for a drop off like that? Thanks ahead. Mike S



To: Trader J who wrote (12659)4/15/1999 7:46:00 AM
From: Tony B  Read Replies (2) | Respond to of 56537
 
TJ - dumping those losers...

heh... I'm making a liar out of you this week. Holding dell around 41 (but I bought this as a mid-long term hold) and ADPt at 23 (whoops! but, i am comfortable with this issue [it's one of my long-term holds]).

But! If these were any other issues, they would be burning in efigee (?) on my porch (ie: sold! sold! sold!)...

llater,
Tony B



To: Trader J who wrote (12659)4/15/1999 8:49:00 AM
From: j.o.  Respond to of 56537
 
(S) NMGC - Breaking out to the upside.

I last mentioned this one when it broke up from 10 to 11 1/2...it has now broken the 50-d trendline:
clearstation.com

I would expect that we will go yet higher in this stock. The P/E is still hovering around 11 or 12, and the technology is solid.

I still own some from 13 and some from 11.5. 13's from when I tried to catch the falling knife -ggg-

Any thoughts?

j.o.