Jim's Nasdaq100 Special as a basket. Message Board

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

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To: chartseer who wrote (926)	6/20/1999 6:14:00 PM
From: Les H	Read Replies (1) of 2103

ASND votes tomorrow on LU merger hence ASND will not be traded as of June 28 this Friday. Still no news on replacement in NDX. Odd day, Friday. Nasdaq 100 up almost 15 but 22% of stocks in NDX gave RSI-5 sell signals. Last time this happened was June 8 at the prior reaction high (which had 25% sell signals). The NDX pulled back then from peack of 2155 or next day's close of 2085 to 2028. So, a 3% pullback may be in cards. OEX had similar divergence on Friday.

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