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

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To: Compadre who wrote (380)4/16/1999 3:50:00 PM
From: James F. Hopkins  Read Replies (1) of 2103
 
Hi Jamie; Well I'm not doing all that good, but I am catching
up some, I got whipped out of 3 shorts running in the last
3 weeks so I'm just about even now for the month.
I'm hoping this will work, fund switching didn't and my last
MDY short was naked and I backed out at a loss.
Catching that XLE on the 13th has been my saving grace, however
it's not got me ahead for the month; but I'm getting close.
quicken.excite.com
hit xle on 13th, now short mdy 16th , 5 to 2 stock wise,
almost balanced cash wise but a little more short than long,
and that's about the way I see the market, with a little more chance
of going down than up, but a good chance of making a "big move"
in either direction. Volatility risk is high from my point of
view, but the VIX don't agree with me.
---------------------
Just heard there has been a shake up at the CBOE , I wonder if
the odd way the TYX and XMT have been relating to one another is
related to that. Too much to look at. :-(
Jim
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