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Strategies & Market Trends : Trader J's Inner Circle
NVDA 177.51+0.7%Dec 16 3:59 PM EST

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To: Shmar10 who wrote (5611)1/22/1999 9:54:00 AM
From: Trader J  Read Replies (1) of 56535
 
Shmar - Just sitting and watching, my thoughts go out to those in YHOO and some of the other biggies that are wondering what to do at these levels. No reason why they wouldn't be near their highs again soon, but also no reason why they couldn't correct another 50%. That is the reason that you must play relatively tight stops on some of these first tier Inets. Too much to lose.

I think we will be ok here shortly. Again, just watching. Still have my NAVR (and not worried at all), and my ASCT.... awaiting news if I got any ALLR (Allaire) IPO...although they may not be trading today.

Good luck to all, hang in there.

TJ
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