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Strategies & Market Trends : Ultra OTC Fund - UOPIX
UOPIX 142.28+3.0%Dec 18 4:00 PM EST

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To: bob wallace who wrote (641)10/2/2000 4:19:46 PM
From: bob wallace  Read Replies (1) of 2063
 
well, I bought a small amount on today's decline [5%]
just in the event there is a rally tomorrow, I'd like to have something to sell..am now behind in both my AIM signals and my own scale down...

But Todd Harrison [from Craemer's hedge fund] continues to keep out of the market - since his stle is buy weakness and sell strength, his actions continue weigh on me

the COMPQX broke down below 3700, and the NDX below 3500, and I gather that even if there is a brief rally, these breakdowns are not easily repaired. funny thing here is that the Nasdaq internals continue to seem ok, given that it was a down day of course...

so, the mechanical system has been put aside for what, the "guru system"? - I dont know, but the odds of seeing 50 on the UOPIX seem to be on the rise

Bob
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