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

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To: James F. Hopkins who wrote (222)3/25/1999 1:35:00 PM
From: Elroy Jetson  Read Replies (1) of 2103
 
I'm considering a QQQ short to hedge my Tulip longs. The internet fund has internet and telecom stocks.

For now it seems to move down in the same magnitude as the Nasdaq 100 but it moves up twice the magnitude of the Nasdaq 100.

The market seems flat here after gapping up this morning. QQQ short time?
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