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: James F. Hopkins who wrote (1730)	8/6/2000 12:44:52 PM
From: Les H	Read Replies (1) of 2103

Both parties are also bumping up defense spending. Looks like the bombing of the Chinese embassy has had unintended consequences... Lots of the big aero stocks moving out of bases: BA, GD, LT, LMT, RTN.A, RTN.B NOC nearing breakout and ROK continuing to languish Secondarily, would be FA, PCP, UTX, and LLL who provide communications, parts, or subsystems. This looks to continue to be a continued choppy market since I have a preponderence of sell signals in the S&P 100 versus the oversolds in the NDX. The Nasdaq will run into a nest of moving average resistance around 3850-3900 which are congested and starting to cross down through the 200.

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