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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.

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To: Dnorman who wrote (887)6/14/1999 12:32:00 AM
From: James F. Hopkins  Read Replies (2) of 2103
 
Heck no they had nothing to do with the Head/Tail other than to
have me extra cautious when I went long.

They were pure Mo Mo day trades.
I watch the NDX in real time , and try to find the
composite beat of MSFT, INTC , CSCO , WCOM & DELL. they push the index
the most, I'm also looking and polling the real time quotes
on the nuts as they reflect short term trader sentiment..yhoo , amzn, cmgi & athm. I don't always get it right either..but I get out in
a heart beat when I'm wrong. Most of the time I can judge the
interday sentiment by how a composite of the above are looking,
crap Thursday was wild I was short long boxed and every thing else
at one time or another , my main idea was not to let her creep
up much with out hedging off the USPIX with a long
as I had put in an order to sell her and knew I would have to
take the close.
It was too much work for the gain but I had fun <G>
Friday was a much easier day and I should have waited till
then to get out of the USPIX.
But should have don't mean anything as long as I came out
winning.
Jim
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