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

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To: donald sew who wrote (1860)11/29/2000 10:38:13 PM
From: James F. Hopkins  Read Replies (1) of 2103
 
Thanx Donald; I see things much the same, the tech market
sure spooks with any bad news.
The rotation in so called defensive stocks is about as
silly as the "New" "Old" economy stocks was.
The overall trend won't turn with rotation going on
it will just nickel and dime the suckers to the
poor house. We need a blow down of the broad market to
be in sync to signal a "maybe" bottom until then it's
short the rallies.

I was only a teeny from getting the QQQ today at 62-1/2
I had it bid at 62-1/2 but they didn't give any to me.
Who could have seen this GTW news coming .. ?

The only dips I'm going to bid from here out is
going to have the VIX screaming Up, if they can't
get the VIX to 35+ then she can rally without me.
I've about give up trying to trade a bottom.
--------------
There will be plenty of volatility to trade
after she stops making new lows.
Jim
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