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Strategies & Market Trends : Trader J's Inner Circle
NVDA 183.61+1.4%3:59 PM EST
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To: ajtj99 who wrote (43694)5/31/2001 9:32:03 AM
From: furrfu  Read Replies (1) of 56535
 
ajtj, Thanks for the input. BIG correction, I was looking at JNPR35s, not 42s (Posting from home, working notes at the office, brain cramp). By my calcs the price needs to drop ~13% in the next two days to achieve a return approaching 100%. Given that it has dropped 11% and 13+% in the last two trading days and that the next minor support is 20% below yesterday's close, it looked interesting.

Having said all that, Your commentary is the reason I asked the question. Thanks again,

Doug
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