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Strategies & Market Trends : Trader J's Inner Circle
NVDA 186.78+3.0%3:59 PM EST

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To: melinda abplanalp who wrote (7309)2/2/1999 11:22:00 AM
From: MMK  Read Replies (2) of 56535
 
Melinda:

Good luck "getting even". I know the feeling. Am still holding PRFM and entered a sell limit this morning at 7.5, and of course, as I did, it dropped hard.

Trade: sold 1600 NAVR at 16 9/16- in at 13.
have sell limit in to sell 435 shares NAVR at 16 11/16 (buy price) and will keep 500 shares.

I am feeling really uneasy about the market. I believe that the market is headed for a major correction. As a result of my "queasiness", I have sold most of NAVR. I think it will fall hard on Mon. if not before if no announcement or negative announcement. I am feeling comfortable if I have to jump in at a higher price on an announcement.

(Also have Anthony's thread on the watch list to scan...)

MMK
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