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Strategies & Market Trends : Trader J's Inner Circle
NVDA 193.85+0.3%Nov 12 3:59 PM EST

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To: Canuck Dave who wrote (45851)8/15/2001 1:06:17 AM
From: ajtj99  Read Replies (1) of 56532
 
I agree, CD. Lots of people (including Max) sitting this one out. I believe that's helped maintain our trading range the past couple of months.

Looking at the charts tonight, I'm inclined to believe that we'll bounce off some support on the NDX around 1615-1620 and COMPX 1960 or so. There are some bullish falling wedges on the charts that seem to indicate we'll break to the upside short term.

I believe we'll make another run at 2000 COMPX and 1675 NDX.
That means I'm getting some QQQ Aug 40 calls again tomorrow, hopefully around 1.00 or less. Wish me luck!
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