Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 182.55

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Nov 24 3:59 PM EST

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To: Trader J who wrote (17)	11/1/1998 2:25:00 PM
From: Mark Hill	Read Replies (2) of 56535

Hey Jeff, good to see your own thread. For some of you new traders out there, I have found just by lurking on some of the more popular threads that you can do well by waiting for pullbacks on stocks that some of the bigger names on SI are playing and then jump in if the story hasn't change and volume is still there. Jeff your pretty brave trading as much as you do w/o L2. Last WED when CYSP was continuing its run of a couple of days I was looking for an entry point. With L2 I was able to see the back off coming in the morning and took a position at 5 when I saw support at 4 7/8. Held overnite and was able to get out at 6 3/4. Didn't think it would go all the way past 8 that day ,but a profit is a profit. I don't think I would have traded this issue w/o L2 as it is harder to see the games the MM play daily in these fast moving stocks. I agree there isn't much time to do proper DD on a lot of the movers, you have to become fast at chart reading which comes with time and experience. Good luck everyone and happy trading! MH

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