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: yard_man who wrote (21)	2/21/1999 11:53:00 PM
From: James F. Hopkins	Read Replies (1) of 2103

Tippet; I just made up my spread sheet and only got a short term buy signal. So far I can't see past a few days with this thing right now. It's academic as this is index not tradable yet, but we are getting ready. On the MDA thread I'v been leaning to the down side since Jan, some of that has happened , how much more or when I don't yet want to guess at. Value has had very little to do with this market in the last year, it's more liquid and Mo Mo driven, & those are the factors I need to work with value is what some one says or gets paid to say is such and such, mostly we should all know it's a very relative thing, so much so only the market can measure it, and it does via dollars, and we can see how fickle it measures it too, so the best I can do is try to read signs that show the money flow. The old follow the money thingy is my bag, and that's hard enough that I only get the signals good enough to call it once and a while. Seeing mixed signals is every bit as important as making a call, if not more so. The market is a little like a no limit poker game, and if you try to play every hand the "house" will wind up winning. Jim

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