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Strategies & Market Trends : Trader J's Inner Circle
NVDA 182.36-0.6%3:59 PM EST

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To: Dean who wrote (4320)1/13/1999 6:55:00 PM
From: Trader J  Read Replies (1) of 56535
 
Dean: I wish I saw strength and optimism but my feeling is that we have lower to go here. When NAVR stalled at 16 1/2, and I was leaving I was one key stroke away from selling because the rally had stalled and like I posted earlier, many people bought the bottom of this correction and sold towards close because of the uncertainty of tomorrow.

I have little fear of NAVR over the next month, regardless of where it goes from here. But I will still trade out of it to get a lower price if the opportunity presents itself. I am also trying to be more patient with the good issues that have a story....and NAVR does. It is one of the few that I would own here.

The market is going to be shakey here, but I expect it to pass quickly. Still a lot of optimism here, but it will be tempered now.

TJ
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