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

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To: Les H who wrote (1729)8/6/2000 12:32:56 PM
From: James F. Hopkins  Read Replies (1) of 2103
 
Hi Les; Thanx for the data..looking back I had a short term
buy signal on the 2nd..but I wasn't looking at the time so
I missed it..and it may go on up from here but things
look to IFY for me after missing the dip.
So far the HiLo 20 day short term is still inverted
to the 40day and 1 year..so while very short term looks
bullish I'm still playing defense longer term.
If the 20 day HiLo will get on above the 40, and the 40
above the 1yr I'll be more bullish.
Banks look like the best risk/reward for now but what happens if Spam up's rates ? they could spike back down
just as fast, still they should run at least 2 or 3 weeks,
BWDIK.
Jim
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