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

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To: James F. Hopkins who wrote (1645)4/21/2000 4:37:00 PM
From: James F. Hopkins  Read Replies (2) of 2103
 
TO All; I'm doubtful the real bottom is in yet, because
Almost Always Bottoms are marked with steep drops
in ALL indexes at the same time.
not the
dancing of say the Dow up when the NDX falls,.or the
NDX up when the DOW falls..real bottoms tend to have
all indexes hitting a low "at the same time"..then all
indexes start up..rotation just don't cut it.
----------------------------
The Dow and S&P and Naz Lows did not hit close enough
to the same time to mark a major correction..and
capitulation..
-----------------
When things do start UP, then Watch this FUND
THRGX
I went to the home pg and checked his
letters to share holders..on April 14th he was sitting
on 78% CASH now there may be other funds in
that good of shape, but he is ready to mo mo his arse
off if things move up..while many funds are going to have
to wait until people put money in.
Also he is not convinced the bottom is in yet..
thurlowfunds.com
Then look at his e-mails
I'm not in THRGX yet..I'm watching it though as I like
his cash level, it's going to be hard to pick the fund
that makes the best run on the next leg up, but he will
be in the running.
JIM
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