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Strategies & Market Trends : Trader J's Inner Circle
NVDA 182.91-2.1%1:44 PM EST

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To: Trader J who wrote (8601)2/10/1999 11:00:00 PM
From: thumbelina  Read Replies (1) of 56535
 
NAVR - unnfortunately still holding from 19 - thinking about averaging down. My worry is by the time the IPO finally comes around the market might not reward as it has in the past. There are a lot of internet related IPOs coming down the pipeline in the next month.
Waiting and watching hoping to average down in the low teens.

ASCT - thanks for your thoughts TJ. I am holding a few thousand shares
from the mid 3's and although I hadn't planned on it bought another k
@ 6 1/2 today. Although I am afraid that after the 'daytrader crowd' is done with it we don't know where it will wind up - there seems to finally be some momentum picking up in it. Volume is what you need to make it move. I would much prefer it to go up because the rumor pans out however I'll take it nonetheless. If the buyout pans out tomorrow
great if not I'll sell when the mo mo crowd tunes out and buy back lower (hopefully). With the low float and momentum this could move fast and I want to be in it. Am I making any sense?
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