Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 179.99

+1.7%

Dec 1 3:59 PM EST

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To: Wes Stevens who wrote (17953)	7/23/1999 2:21:00 PM
From: LTK007	Read Replies (1) of 56535

My feelings regards market is cash is where to be,except for quicky trades--so did sell IMCL at a 1.2k loss to get me to 60% cash(based on the present value of my tradeing holdings)-- I see several are green today but EDGR and NPLS continue to worsen--- the great temptation for me would to average down on EDGR and NPLS today--but experience tells me never underestimate a down market to create havoc. Logic says,NPLS is now a screaming buy--but logic is not king right now. If IMCL news breaks while I am out,well that's the nature of this game-you take risk. I intend to watch option activity on IMCL on a daily basis. But at 60% cash I am now heavily armed--40% had me a little edgy:) Max PS--have not been tracking stock today,so have no other "wisdom" to bring.

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