Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 180.97

+1.8%

11:57 AM EST

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To: Poet who wrote (4722)	1/16/1999 8:04:00 AM
From: Solon	Read Replies (1) of 56535

Here is a link to some hands on potential. webzinger.com Undoubtedly, the CNBC active trading exposure will supplement the expected surge in demand...and then more media coverage should obtain on Tuesday. But before the media coverage (inasmuch as it is only the 19th), we can expect some sensible profit taking, on Tuesday morning, between this close and Tuesday's gap. I would like to trade this a few times over the next couple weeks. There is nothing right now other than the rythmn of the stock. Something I enjoy doing is discovering the rythmn and putting in a daily sell right after purchase, trying to catch the high point of the tide. When it works (especially if one gets filled low (after), on the same day), one feels brilliant! If the sell fill is followed by a larger gain, before the profit taking back tracking...well, one needn't feel bad. The only real danger is in refilling the position: not that it won't get filled; but rather, that it will...but not reversing direction! At that point one should except a small loss, with the capital to purchase more shares at a lower price. God! Why do I always forget that... One thing seems pretty reliable considering yesterday's volume and considering this is the 15th...Friday's close cannot possibly be the monthly high. Good trading to all...

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