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Strategies & Market Trends : Trader J's Inner Circle
NVDA 178.68+2.7%11:00 AM EST

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To: Trader J who wrote ()12/11/1998 9:12:00 AM
From: Trader J   of 56535
 
Today: Futures off just a bit, but I don't think that is a true indication of how we are going to remain. I feel that we will see increased weakness through the first couple of hours today. Perhaps with a rally into close, but I would not expect it.

Internation concerns starting to creep into people's minds again. Impeachment hearings and subsequent decision to impeach could bring this market to its knees in a hurry and create some very nice opportunities.

You could not force me into any of the first tier techs or any of the Inets right now. Will continue to take position trades in good issues with not a lot of downside to them.

Issues such as AFCI, PAIR, SPLH, perhaps PSQL in a pinch. An issue from yesterday that appears interesting is REGI, looks like it may be coming off the bottom.

Good luck.

TJ
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