Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 186.96

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3:59 PM EST

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To: Trader J who wrote (1854)	12/11/1998 10:21:00 PM
From: NASDBULL	Read Replies (2) of 56532

A word of caution. Remember when the market was going through a major correction back in August and September? Everyday during this period the NASDAQ 1-10 losers were down from 50% to 25% almost everyday. Investors, traders were just dumping stocks if they were given a good reason. STocks were getting killed left and right. It was a massecre. Whereas, during our dramatic market recovery when a company would come out with terrible news the stock would typically get killed by only 15-20%. Any day you looked at the top 10 losers on the NASDAQ, the number 1 loser was only down mildly. Look at the losers today........brings back bad memories. If you're in a stock and you're not sure they will meet analysts minimum expectations, you may consider exiting your position until the market becomes a little more certain. This clinton impeachment fiasco is going to make this a very UNCERTAIN time. Just a word of caution. NASDBULL

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