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 (18581)	8/5/1999 4:22:00 AM
From: American Spirit	Read Replies (1) of 56535

Max, I use the reverse psychology. That is, if we were in a big rally which had lasted weeks on end with no end in sight, would it be the time to buy? Not likely. It would be the time to short. If you had shorted AOL at 180 instead of 85 you would have made a killing. Not that I did. ggg No really, this bloody massacre has got to end. At least for a short while. It always does. Picking bottoms is tough and I only invested 25% of my buying power today on lows of the day mind you, but I'm ready for one more leg down if it must happen. Frankly I wish I'd gotten out altogether a month ago but now that we'redown, I fight back. I least I didn't do any buying last week or until today.

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