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Strategies & Market Trends : Trader J's Inner Circle
NVDA 177.80-2.6%3:59 PM EST

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To: steve brooks who wrote (8496)2/10/1999 12:25:00 PM
From: Tony B  Read Replies (1) of 56535
 
steve - ASCT perspective.

I think basically we're seeing the same sort of movement we saw over the past month. Scattered buying and selling without a whole lot of movement. I'm honestly not sure what to expect for the close. I wanna say we'll see a runup, but who knows. People could get scared off in case the rumor turns out to be false.

I hate to say that tomorrow is the turning point in this issue, but it looks like it is. If we get some news, then we'll all be celebrating. If no news comes out before the open, I'd look for a drop to the 5s and steadily declining. Without any news or updates, we'll see this thing in the low 4s by friday. My opinion, of course...

I might sell a quarter of my position near the close (if we see strength), and will be watching it closely tomorrow.

Good luck to us all.

llater,
Tony B
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