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Strategies & Market Trends : Ultra OTC Fund - UOPIX
UOPIX 143.22+0.1%Nov 14 4:00 PM EST

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To: bob wallace who wrote (822)11/13/2000 5:48:50 PM
From: OldAIMGuy  Read Replies (1) of 2063
 
Hi Bob, That market end was rather interesting, wasn't it?
Hard to believe that the NASDAQ made it back to green after
such a monstrous morning. Harder still to believe the rally
petered out at the end!

Congratulations on the most recent buy. The NASDAQ 100 took
a bigger hit last week than the Composite. I guess we could
take that at least two different ways.
1) The smaller cap stocks are bottoming
2) The N-100 stocks are still fat blobs and need more
dieting before they reach a bottom.

In my own account I'm still buying and the order sizes are
getting larger. Still have more cash to go. In my alumni
account I manage, we're having a pow wow about whether to
take proceeds from the Bond fund and use those $$$ to make
yet another buy in UOPIX.

Today's pattern may keep up all week. Maybe once they close
the absentee ballots things will settle down.

Best regards, Tom
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