Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 177.51

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3:59 PM EST

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To: Trader J who wrote (9174)	2/17/1999 3:52:00 PM
From: Poet	Read Replies (2) of 56535

All: Market conditions: I've noticed that the day following a big down day in the American markets is usually a down day as well, as Asian and European markets follow our lead. It's almost like an echo, rebounding from wall to wall. I use this metaphor to caution people from taking long positions right now. Let's sit and watch where the markets settle over the next couple of days. There will be plenty of bargains on Friday, Monday, and beyond, a lot less time to wait for a bounce if we buy them then rather than now. Wow, kinda poetic. Can you all tell I've been working on my poetry today? ;-)

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