Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 190.53

+1.0%

Dec 26 9:30 AM EST

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To: LTK007 who wrote (11600)	3/20/1999 8:48:00 PM
From: Jim	Read Replies (2) of 56535

I agree as well. As a matter of fact, I bought NETE on Thursday afternoon, and when I saw the runup, I decided to keep it overnight at $15. That evening, I checked the NETE web-site, and there was a new one just started at 9:00PM talking about it being a classic P&D and pitying those who were still long (like me!). Message 8401608 The next morning, I expected it to gap down BIG TIME, but it went UP and I sold at $16 before it plunged. Obviously, those who bought at the open had not even read the SI thread. I like to play the momentum plays each day (many are P&D). I guess the question is how greedy do you get. I sell if it drops an eight, or goes up a point (usually).

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