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: Monty Lenard who wrote (396)	4/17/1999 11:22:00 PM
From: Vitas	Read Replies (1) of 2103

Monty, thanks for posting the charts. I was thinking of Jim's theory during the week. With the Dow up while spx and Naz fliers were getting whacked, I was convinced that they were trying to make the market look good to the late IRA money coming in. I remember Jim's infamous "sell everything" call last July 16th. There is one thing different, in that the over 200% figures had already been deteriorating slightly over the previous week, while now they are leaping upwards. The other is that the SPX was being propped up at the time, ever so slightly, by the dogs, while the the fliers were being sold. Here we have had not much masking of anything, at least within the SPX itself. I'm waiting for the word from Jim. Vitas

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