Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 185.58

+1.8%

3:59 PM EST

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To: Canuck Dave who wrote (16010)	6/14/1999 3:21:00 PM
From: American Spirit	Read Replies (2) of 56535

Or it could go the other way. While no one can predict the exact bottom we're close. How close is anyone's guess? But shorting or continued pessimism seems to me to be more risky that seeing the inevitable recovery rally, even if it's a short-term one. A small rise in interest rates (which might not even happen) has already been priced in. The market will rally on the news (unless it's really bad) just to finally see some certainty. Remember too, we have been sliding down almost steadily for 6 weeks now. Nets have had more than 50% lopped their price. Drugs about 30%. This correction has happened already. The wrong time to sell is after it's already happened.

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