Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 189.21

+3.0%

3:59 PM EST

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To: unclewest who wrote (2680)	12/28/1998 9:48:00 PM
From: Cookie Monster	Read Replies (2) of 56535

Hi unclewest.... I think you have been caught buying on the upswing a couple of times. If you are buying on margin you might be on thin ice. If you can afford to hold Internet Stocks that have dropped, you should. I think you are very safe with EGGS at $25. On thin ice with SEEK at $55. I would take profits here. *ELBO I don't know much about....but if it is a fast rising Net stock that looks like it has gone too high too fast....sell it an break even. The Net stocks will consistantly run, retreat, and run. So if you buy any of them late, and are not margined....don't panic because they will most likely run back to where you bought them....if not higher. Later, CM

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