Jim's Nasdaq100 Special as a basket. Message Board

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

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To: Topannuity who wrote (1912)	1/26/2001 8:44:03 PM
From: James F. Hopkins	Read Replies (1) of 2103

Top : The NDX /COMPX worked better today than my MoMo head/tail we got the 2% drop early but it came right back.. My momo flow was up a tad for the day, however very large volume in CSCO and ERICY ( both down ) could have it showing a tad better than the flow actually was. -------------- All in all it ended very mixed and traders seemed undecided. The pull down actually helped the over all index get broader as too few stocks had made the big gains , so now it's looking more like it should. ------------- I'm sure they have priced in A .5% cut next week so if it's just .25 we could get another dip. I'll re-do my Mo Mo over the weekend and post it latter. Fact is it may be more trouble than it's worth as NDX / COMPX does fairly good. I had to run it for a while just to prove it worked.. late today the spread got so narrow & the QQQ tracked allmost right with it so it wasn't tradeable ( the way I trade it ) There just wasn't enough lead either way. Jim

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