Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 180.99

+3.9%

Dec 19 9:30 AM EST

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To: Trader J who wrote (14080)	5/5/1999 4:28:00 PM
From: American Spirit	Read Replies (1) of 56535

Yes, actually erased all losses from the past two days. I feel comfortable too. Now if the market just agrees. Just heard an analyst on CNBC saying "techs are not dead". Amazing that even needed to be said. Still the leaders. Just corrected, tested a bottom and bounced back. Weak hands and naysayers out. Now they'll have to buy back more expensively. Am I feeling too optimistic? Maybe but just very relieved. I was down $7,000 this morning and now am up $2,000 for the day. Had to use margin to do it but whew! Takes nerves to buy into pessimism but you have to do it to play this market and to defend yourself. Ditto with selling into strength. Hard to do sometimes. Greed versus fear. Too much of either dooms you.

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