Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 176.23

+0.7%

3:59 PM EST

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To: ajtj99 who wrote (45111)	7/24/2001 5:50:25 PM
From: ajtj99	of 56535

Max, I figured that if I can get $3.50 for my QQQ Aug. 42 puts I might just cash them in. No use trying to squeeze the last penny (or $0.50) out of them and risk losing all my profit. At that, I'm almost double my money. The rapid decline leads me to believe Thursday may be the last day of the decline, but like you I'll have to take a wait and see attitude. I haven't looked at the TRINQ since noon, but it was so low it made me believe we could still see as low as 1530 NDX before a bounce.

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