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

To: cole kivlin who wrote (13792)	5/2/1999 6:15:00 PM
From: Trader J	Read Replies (2) \| Respond to of 56537

Cole: This looks like a very interesting company here. However, you need to ask yourself whether this is a trade or a longer term hold. I like to buy everything on pullbacks, but that is not always the proper thing to do. If a stock is trading at 10 after a nice run, like LORX, as much as I would like to see it test 8 again, it may not. The ONLY problem I see with this issue is that it has had a real nice run from 4, it has come awfully far, awfully quick. I like the numbers that they posted, I like the comments from the CEO, I like the prospects going forward. Looks solid to me. If it is a longer term hold, I would buy a 50% position now, and then judge the movement day by day, then pick an entry for the other 50% or....two 25% entries. Good luck Tj