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

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To: zx who wrote (1905)1/24/2001 11:55:18 AM
From: James F. Hopkins   of 2103
 
Well Thanx; I trade short term and it's fast so
if you follow my numbers be careful, they are
short term..the power of this rally has
surprised me..I caught the bottom good
but went flat to soon..
I'm now just scalping a little..
-----------------
It's safer to buy dips right now.
I've been expecting a small correction due
to gap ups..but it's not showing up
yet.
Looks to me that the BIG comercials
are hedging by ( buying the hot socks )
while shorting the QQQ..
That's yielded almost 15% so far and
gives them downside protection to boot.
Jim
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