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jenna

03/29/04 2:31 PM

#22031 RE: jenna #22030

NVDA (23.50 the buy target 25) an early entry last week so we can time a possible gap 'n crap after the ATYT report, meanwhile holding ATYT calls as a hedge. NO PUTS contemplated yet. Very carefully nurturing our earnings plays and those that identify with them (i.e. NVDA) well ahead of the move up and the ATYT report. The point is not buying the highs but taking profits incrementally at those highs. NVDA was 23 when we posted our newsletter and now hit as high as 25.73, new traders coming late can add to our gains but NVDA is quickly approaching OVERBOUGHT territory where its time to exit the play.

By milking a few rather than chasing every 'most active' out there you can follow the trend for a week or more!