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

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To: Kemo Sabe who wrote (1994)5/4/2001 8:59:37 AM
From: James F. Hopkins   of 2103
 
Thanx Kemo; I haven't been very active lately, you had the short squeeze just about right,
I got mostly cash on the 27th and got short day before yesterday.
I just dropped my "buy to cover bid too."
I put in a new hard drive but lost all my data from sept 00..to now; so I have
redone a new Mo Mo spread sheet however I kept it more simple and used the
3 mo average volume instead of the 10 day.
--------------------
All in all I can't say we have made a bottom yet. There has been a lot of damage done
and most of the rallies look more like shorts taking profits.
While volume has been up some..prices have slipped so far that "DOLLAR" traded
volume is lower ..so money hasn't been really coming in as much as the trade volume
would indicate; due to the "low prices" it would take volume at over double what we
had on the highs to indicate a real bottom.

Jim
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