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Strategies & Market Trends : Trader J's Inner Circle
NVDA 189.21+3.0%Dec 23 3:59 PM EST

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To: Canuck Dave who wrote (6088)1/26/1999 4:14:00 PM
From: Trader J  Read Replies (1) of 56535
 
All: Great day today, a lot of money to be made for the quick. A nice, slow, rolling day with some solid gains, predictable pullbacks, and then a nice strong close.

ITEC - Was one of my better trade series in a long time, made very little mistake with it. Bought it back near the intraday pull back low, and purchased more as it rose through my strength point. And it closed very strong....I would agree that as long as no major publication rains on the Inet party, we will do well with ITEC as a gap tomorrow AM.

NAVR - Disappoints again by not mentioning the IPO. The management likes to play these games and eventually they will get burned. I will back in them soon for the IPO news as it is my #1 pick here....would like to get it lower though now that I am out.

PRFM - Is in a quiet period right now in between news announcements. Their site will be open on 2/1 on their will no doubt be partnership news and related information to push this issue higher. I will pick up another 1000-2000 on strength. My target on this one is 14-16. But as always, I let the price action dictate my actions.

Please don't get suckered by a lot of the hype that is out there. There are too many quality picks with solid stories behind them, stick with what seems reasonable and that which has volume behind it.
Don't over analyze but don't fall victim either.

Trade well all. Very good day today.

TJ
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