Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 174.99

-3.3%

Dec 12 3:59 PM EST

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To: LTK007 who wrote (44809)	7/11/2001 10:34:04 PM
From: ajtj99	of 56535

Actually, I spoke with my next door neighbor tonight who's software salesman who is part of a consulting company in my state (they service all big 3-auto accounts and other large customers). He says business has picked up in the past month, although hardware is not moving. Software is selling, but he's got a pretty narrow niche (CAD type software, engineering software, etc). It makes sense since our state has been in a manufacturing recession since December. We also talked about how big companies piss away money on tech purchases, since he tends to be one of the beneficiaries. Futures up 70 still. I just don't know if this will stop at 2057, 2088, or 2100. My guess is either 2088 or 2100 sometime early (Tuesday?)next week. The real question is how much of this gap is going to get filled? I think maybe we go down to 2000 after this initial rally, then bounce back up before falling just before options expiration.

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