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


To: Nicole Bourgault who wrote (12796)4/17/1999 1:22:00 PM
From: Trader J  Read Replies (2) | Respond to of 56537
 
Nicole: NETA - Ouch. If you are willing to ride it out for awhile I think you will be rewarded over the longer term, but in the very short term, it is damaged goods. I believe their earnings are actually due out on Monday, I am not sure if it is before or after the bell.

My cost basis was 21 1/2, and it stung to have to take that loss knowing that I made a very bad decision. I was playing the bounce and could not get back to the computer before the market closed to close out the position before the end of the day (lunch with the wife). I am sorry that you followed me into that one....

Trade well.

Tj