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: James F. Hopkins who wrote (395)	4/17/1999 9:59:00 PM
From: Monty Lenard	Read Replies (2) of 2103

Jim, I just put some charts up for Vitas and his comment was that he could not believe the SPX fell 50 points last week and yet the number or issues over the 200 dSMA went up. Here is my PM to him. Think this is why??? "Remember Jim Hopkins theory. I think the big ones on the spx are getting whacked and that takes the index down while the little ones are showing up in my over 200 day chart but they do not hold the index itself up. Does this sound reasonable to you." ************** "if you look at oil you can see Big money knew it was coming." Mine and your money saw it coming also. I think you bought the XLE the same day I went back in the ones I have been fooling around with for the last month. <g> What I have been doing is buying them off that tripple bottoms and selling them the day CNBS hypes them .... then buy them back a few days later much lower. <vbg> Watch Maria Monday...she will probably blow a gasket over oils or my friend Brooke will tell me that the New York Times will have a big write up about them over the weekend. The next day or day after they will tank and we can get them again. The NYT deal has worked 2 times for me so far. :-) Monty Monty

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