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Strategies & Market Trends : Trader J's Inner Circle
NVDA 188.90+0.7%1:10 PM EST

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To: ajtj99 who wrote (43279)5/18/2001 1:38:52 PM
From: Trader J  Read Replies (2) of 56535
 
AJ: IWOV - Sorry, but I don't buy it in this market. While I do agree with the resistance and support levels, if IWOV breaks 21 and the Naz proceeds to sell off, IWOV will go with it. This market is still trading from a fear perspective and I don't see a run to 27 without a full naz rally behind it..... which could happen. I am still curious about what the catalyst is for the recent strength.

J
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