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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: donald sew who wrote (41565)1/25/2001 10:07:31 PM
From: James F. Hopkins  Read Replies (1) of 42787
 
Your right about the ones getting killed..
they are also for the most part the ones that
just ran up so hard..most of them are in my
top Dollar traded list.
Today 28 NDX stocks fell over 10%..
and 5 of them fell over 20%..
I'm not the bear and I don't see a new low..
I think the 3rd was it,
but I don't rule it out as even at that
low half the NDX still had PEs beyond
any reason.
------------------------
Right now we have the Gaps to deal with
and you got to know people went on margin
last week..well they are in for a surprise
in the morning.
Half of them stocks have high mantaince
for magin calls.
That's when the other shoe drops.
Jim
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