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

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To: James F. Hopkins who wrote (910)6/16/1999 11:11:00 PM
From: Compadre  Read Replies (1) of 2103
 
Jim: I had a sell signal on the NDX at the close today. It usually means that the market may rally some more in the AM for +10 to +40 points, then it will sell off. This rally looks like it has some momentum, so it would not surprise me that it goes a little higher than +40 points. The other thing is that the SPX and OEX do not have a sell signal yet, but are very close to it.

I have a couple of OEX puts myself, but I can't monitor them tomorrow. I will be setting up a limit order to sell at a particular target tomorrow. So good luck to you on your shorts.

Regards,

Jaime
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