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Strategies & Market Trends : Trader J's Inner Circle
NVDA 190.23+1.8%Nov 14 9:30 AM EST

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To: Trader J who wrote (4077)1/12/1999 4:13:00 PM
From: Trader J  Read Replies (3) of 56532
 
Recap: To be expected. After sevear days of broad based Inet gains, we needed a healthy sell-off, and that is what we got. I did not see any panic out there .... maybe a little in the first 1/2 hour, but nothing of consequence, a nice slow retreat. I would have preferred to see the Inet buying continue into the close today signaling a belief that these levels represent "values" but the impending YHOO release will cause many to pull their money as a precautionary action.

Dare I say that YHOO will determine the action tomorrow. May they destroy their whisper number. When announced, please give updates on this thread for all to see if you can. I will be away for a bit.

Good luck to all. Tomorrow will be most interesting. I very much enjoyed the light conversation today during the markets weakness. It is too easy to get wrapped up in the trades of the day and the feeling that one must be doin something. This was a nice distraction and it was probably wise that we played it relatively cool.

Trade well. Lets see those YHOO results.

TJ
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