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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: donald sew who wrote (11240)7/9/2001 10:19:07 PM
From: James F. Hopkins   of 52237
 
Thanx Donald; There is one more thing I feel I should make more
clear at least for someone who might read it but be sort of new at
trading.

I used those charts to sort of show how my Mo Mo ( dollar volume
weighted index works )

How ever..if one is just going by the charts they need to know
IF the NDX is really strong or IF it's the non liquid stocks in it making
it look strong.

In other words there are times the NDX can lead the Nasdaq
but do it because the non liquid stocks in it are in control,


When that happens the NDX vs Nasdaq charts are a fake out.
For that reason I have to see if it is the liquid stocks inside the NDX
causing it to lead us up or not, If not then it's a no go,
that's the main reason I created the mo mo index.
Like I want to know if it is the tail wagging the dog or not :-)
Jim
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