Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 179.14

-2.5%

1:31 PM EST

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To: Poet who wrote (4173)	1/13/1999 9:47:00 AM
From: Mike McFarland	of 56535

Let's make it our goal to NOT lose money today If a person has positions they are happy with for the "long term", as cliche as that sounds, there is no reason to even check the quotes. I know that I am not going to look at my stocks...on a day like today microcap biotech could go down 20% as a group, and then come right back that much tomorrow. However, I would not be in the sector I'm in if I cared about 20% moves...and so I wont bother visiting quote.yahoo or my broker's website today. If the market does very poorly for a few weeks however, I would strongly consider cutting a check to add to a couple of my favorite positions, thus raising my percentage of assets in stocks from the 33% where I am now. --Mike

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