Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 175.02

-3.3%

Dec 12 9:30 AM EST

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To: Poet who wrote (3890)	1/11/1999 8:29:00 PM
From: Len	of 56535

Poet, When the market is moving up it is easy to hold and make money. I do think though that the thrill of trading can lead you to turn over stock more than necessary. I was watching all the posts today and I could not figure out why everyone was trading NAVR. It was moving up and everyone was pretty confident that it was going to keep on the same track for a while. Several people made some money by trading but the risk you run with a stock like this is that you won't have a reasonable chance to get back in. On the other hand if it tanks in the morning I lose everything. In general I subsribe to Jeff's philosophy of being a position player with a day trader's discipline--if it tanks get out fast. Had a good day. Made money on NAVR, DSCC, SATH, CEPH, DSP, and EMC. Regards. Len

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