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Strategies & Market Trends : Trader J's Inner Circle
NVDA 177.00-1.8%Nov 28 9:30 AM EST

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To: ajtj99 who wrote (44243)6/19/2001 11:26:53 AM
From: LTK007  Read Replies (1) of 56535
 
<Max, with the bubble reinflating Ellison will seem like a prophet when his stock doubles over the next 6-months.> not a prophet but just a head pitchman that causes these bubbles,imo.I can see it,people spend their 600 bucks tax-give-back which causes an ARTIFICIAL up blib in the GDP and the cries it is over will rock the street and we ride up only to then come down.All is ephemeral and hollow in the NASDAQ,i really worry for the people who entrust their money to those no-nothing type brokers(of which there be many) to use for them,these days.
A typical "no nothing broker",will say things like "sell your LUCENT Mrs.Grandma?,i strongly suggest you buy more,it is a steal at this price of 45." Max P.S. a trader on CNBC said moneyflow was out defensive sectors into techs today,and for out-of-the-money July call buying for ORCL was way above put buying--the herd moving about.
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