Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 192.59

-0.3%

11:08 AM EST

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To: Nicole Bourgault who wrote (46212)	8/28/2001 1:31:40 PM
From: ajtj99	Read Replies (2) of 56532

Sold QQQ Sept. 40 calls for $1.30 (in at 1.25) and re-purchased them at 1.10 again. I think the drop below 1890 makes the rest of the week less scary. The low I see short term is either 1869 or 1842, and I think 1869 could hold now that the 15-minute and 60-minute stochastics are moving up from their oversold levels. That makes the GDP numbers less scary for me tomorrow. We're at the 1890 level again. We cut through it pretty easily this morning, and we may just as easily go above it this afternoon.

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