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

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To: Les H who wrote (261)3/31/1999 5:03:00 PM
From: James F. Hopkins  Read Replies (3) of 2103
 
HI Less; Looks like the OTX sliped up late today, I went to building some shelves for the bath room, and I wasn't watching but figured it was due. Any way I saw what looked like the Market Makers going
short before noon , they jack up the ask/bids when they do it.
They don't normally stay short long, but you can bet they short
at the top, as they can see the order flow.

quote.yahoo.com
that &d=1d on the end gives a daily chart on them.
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But I still like my Big 20, better than the OTX and I also track the 20 hot ones I call the runners. ( the runners held on today )
but they seem a little out of steam.
This is typical profit taking, after all the runners are up over
30% in a month
I'll post them in the next post.
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The head was down today, as the NDX is trying to stand on it's tail
AMZN saved her butt again today, short squezz.
Talk about some funds running,
VWEGX is up 147% , and VWMCX is up 96% since OCT & they were a tad higher ; I took on some RSEGX but sold to soon ( early FEB.)
it didn't do like them two but it did OK.
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I don't know what those Van Wagoner funds guys have been doing but they sure did it right since OCT.
Jim

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