SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trader J's Inner Circle
NVDA 175.02-3.3%Dec 12 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MMK who wrote (5262)1/20/1999 11:49:00 AM
From: Poet  Read Replies (2) of 56535
 
NINE:

I wouldn't panic, MMK. Even on a positive day like today, remember that the brokers go to lunch at noon and start taking their profits off the table. We usually see a wee drop at 11:45, horizontal trading for the next hour, a dip after 1:00 or so, then a rise after 2. (All EST!)

I don't know how much your broker charges for commision, but I would consider selling at a 1/16 loss now and buying in closer to 3 1/2 (say, 9/16 or 5/8) at the lunchtime dip.

Let us know what you do.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News