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

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To: James F. Hopkins who wrote (1846)11/14/2000 8:48:50 PM
From: James F. Hopkins   of 2103
 
To Any One; more About the rally..
I track a lot of funds and at times I also use them to obtain insight into market health, as
indexes can be pushed up or down rather fast, like if
volume is low and Bears short certain stocks or the Bulls
buy futures , yet in looking at a basket of funds over
several days sometimes they will go down or up
ahead of the indexes or to a greater extent.
-------------
IE in a bull market more funds will beat the indexes
in a bearish market very few will.
What I'm leading up to and would love to see is
for this market to get some legs.
Three funds to keep an eye on ( not that they need to
lead or even beat the indexes are below )
quote.yahoo.com^spx&d=3m
These are JUNK BOND funds and while I don't expect them
to make large moves or beat or lead the market
I would at least like to see them move UP a little particularly on UP days. unfortunately they didn't
gain a cent today.
Jim
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