Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 194.42

-2.3%

1:57 PM EST

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To: wwmd who wrote (8740)	2/11/1999 5:53:00 PM
From: Tony B	Read Replies (1) of 56532

(S) PQT - Well, it looks like I was wrong on my assessment of the little bounce. The last price was 4 3/4. Pretty much traded in between 4 3/4-5. I'm not too sure what to think at this point. There was above-average volume, so this could be following the accumulation we were seeing a few weeks ago. Still, it's too high for my liking right now. Something still could happen, but the downside risk is all the way to 3 3/4, if not 3. If we were in the 3s, I'd be a buyer. Here, I'll watch it. I also seem to recall I predicted (magic 8-ball) that we'd have rumor/news tomorrow or early next week. I guess I'll stick with that, but I'm certainly not confident about it. g All of this is, of course, MHO. llater, Tony B

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