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: LTK007 who wrote (44980)	7/18/2001 5:31:36 PM
From: ajtj99	Read Replies (1) of 56535

Max, I read one analyst said he wasn't too worried about the top line revenue number, as much of that weakness was currency related. The guidance was a bit of a killer, though. The NDX and COMPX are a bit oversold right now, so maybe we gap down a little on open tomorrow and bounce off 2000 COMPX or so. A/H prices on some main NDX members indicate a 0.5% drop factored in now. Max Pain is 43 still on the QQQ, but 44 is also getting very very close to being Max Pain. That tells me we need to get up quite a bit tomorrow during the day. Tomorrow we maybe we get to 2078 and turn back. That's quite a stretch, but all we need is a little bit of a catalyst.

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