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


To: Norwegie who wrote (12781)4/16/1999 11:03:00 PM
From: Trader J  Read Replies (1) | Respond to of 56537
 
Lurky - Good to see that you are still around and doing well in the markets.

ASTN was a bit of a shocker to me as well. I expected it do well but did not expect it catch fire this quickly. However, looking at where this company is going, the possibilities are huge. I have a feeling that there will be a nice sized gap on Monday....I would not purchase in the first 1/2 hour. This stock has this far from the day I picked it up without a pull back, I have been waiting for a pull back to pick up more shares; I have been waiting since 4. :) Now how smart does that make me. LOL

This issue is in new territory, and the traders have found it now. This means, more volume, more volatility, and more uncertainty. If they come out with news during this fire, who knows where we can run to. Depending on your time horizon, you may want to wait for the first significant pullback, but that may be to 10-11 if it keeps going like this. I wish I had more solid answers for you Carolyn but this stock has exceeded my expectation and now that the traders are on board, it could go to 5 or 50.

Good luck.

Tj