Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 180.81

+1.7%

12:31 PM EST

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To: Jon K. who wrote (4721)	1/16/1999 4:38:00 AM
From: Poet	Read Replies (2) of 56535

Sounds like you had a great week, except maybe for that YHOO short! I've also been burned by shorting the big internets. I vowed never to do it again. There are too many less risky ways to make money. With regard to IMON, I don't think,it's too late at all to go long. People who have 9 to 5 jobs will read about the IMON news and run-up this weekend and there will probably continue to be much interest through at least the end of the month. A link to the news item on IMON was posted here earlier tonight, if you'd like to read it. A word on trading IMON: Unless something horrible happens over the long weekend, I think we can expect IMON to gap up at the open of trading on Tuesday. PLEASE do not put in a market order in to buy it at the open if the stock looks like it will gap. Watch for a pullback around 10 or 10:30, then put a limit order in to buy (at the ask if you don't want to chase it). This may save you a few points on your entry.

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