Trader J's Inner Circle Message Board

STOCKTALK

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 182.55

+2.0%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Poet who wrote (7262)	2/1/1999 8:19:00 PM
From: Trader J	Read Replies (3) of 56535

Poet: I would let it go, anyone who is willing to throw one's losses back in their face is not worth it. Today's action was not due to the "sell the news scenario". It was people's fear of the Friday's shorts, coupled with the CFO resignation....which came out AFTER the bell. It would have affected anyone still in the stock at close of business. It was a pure panic sell and if it had been just the CFO news, you would have seen a substantial gap down. Investors waited briefly to gauge direction before quickly realizing that it was downticking....the normal first 1/2 hour of trading became a blood-bath. If the shorts had not been in the stock on Fri. this would not have been nearly as bad. Anyone who has watched, tracked and played these Inet issues will know that this was not a "sell the news" scenario. You are a great trader, and will be back soon. Just give yourself some time and be patient again...... I put in an order for JBOH at 7 minutes before close at the market price and it never filled. Figures. Good trading tomorrow. TJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next