Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 180.94

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Dec 11 3:59 PM EST

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To: Trader J who wrote (569)	11/14/1998 4:10:00 PM
From: Tim Czech	Read Replies (3) of 56535

Hey Trader J i have been following you thread for awhile and really like it. i'm still a rookie to investing but trying to learn as fast as i can. i follow most of the stocks that this thread follows. i used to trade penny stocks. i lost almost all the money i has saved ($4000 for 18 year old kid making near minimum wage is a lot of money) so i almost gave up until one of my penny stocks tripled and just by luck made some money back. after losing some more money in penny stocks i decided to see if there was anything else out there. i hated penny stocks: there were too many things against you, MM's pumped stocks up, people on SI and yahoo pumped them and they dropped so fast that you could never make money unless you lied and hyped a stock up. i'm 19 now and i hope a little wiser.i just started position trading these bigger stocks just a couple months ago and have found them to be alot fairer and it seems like i have a chance to make some money. i just wanted you opinion on a couple stocks. AKLM : i heard on other threads that it is about to break. right now it's around $8.75. they said it could go to 12 or 13 within a month or so. does it look like it has upside potential to you. with christmas just around the corner shouldn't these video games stocks do well. DIMD: i like the fundementals of this company. it's right about book value right now. it got hit bad recently because they announced that there would be large one time cost to cut costs. i also like its products: it has the top of the line video cards and this new RIO thing that plays music downloaded from the internet. it could be huge, my little brother already knows what it is. his friend at school said they were gonna get one. the computer nerds will realy love this thing :-) i was wondering what the TA looked like on this company. it looks like there is support at $5. but don't really know since i don't know much about TA. what if it breaks below $5, will it fall to $4.50, $4.00, or maybe even go back to its low of $3. it has more then doubled in the last month so maybe this is just normal profit taking. i don't plan on buying anything until i know wether or not they are lowering rates on tuesday. when do they usally announce what they'll doing. at the begining, middle or the end of the day. shouldn't i just have a market order waiting just the second they lower rates or sell waiting if they don't do anything. does that make sense? sorry for rambling on but just thought i would tell you about my investment background so if my comments sounded stupid you would know i'm just a rookie. respond whenever you have a chance and thanks for your time tim

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