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

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To: Compadre who wrote (341)4/12/1999 9:53:00 AM
From: James F. Hopkins  Read Replies (1) of 2103
 
Jamie; As of late lot of indicators, just have not been reliable
in respect to past performance. Even my head/tail seems to have
been breaking down, with so many mixed signals it's not safe
to assume any of us can call the market logically and have to
play on a hunch, ( sometimes I'd rather be lucky than good )
at any rate my small MDY short is going to pay off now.
Message 8752563
There was just too few stocks involved in this last rally
and with so much money in tulips it could get nasty before
it's over.
1 PC demand is down, but the stock prices are based on growth.
2 Less consumer demand in PCs will mean less in other areas.
3 The Y2K thing is not going to boost spending, that's over
in fact it's going to be just the opposite now until 2000
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If the Tech sector does go into a slump a lot of money will
be lost, the fact that old standbys like KO has been taking hits
I think is trying to tell us something.
-------------
Jim
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