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Strategies & Market Trends : Trader J's Inner Circle
NVDA 175.02-3.3%Dec 12 9:30 AM EST

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To: thumbelina who wrote (5669)1/22/1999 2:46:00 PM
From: Trader J  Read Replies (2) of 56535
 
Agio: NAVR - IMO earnings do not mean a thing here unless they beat their number. They could miss by .10 and I don't think anything would happen. There is only one item that is moving NAVR....the IPO of NetRadio, and little else.

Everyone wants to own the next MALL, DBCC, etc. and everyone knows about NAVR. The traders are trading it and I do not worry about the longs being in as the float is turning over rapidly. There will be some news based exiting, but I think we are a long way from the top.

As long as the Inets hold up.

Tj
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