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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.
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To: James F. Hopkins who wrote (429)4/19/1999 10:57:00 PM
From: Compadre  Read Replies (2) of 2103
 
Jim: With all due respect, I have to disagree to that one. I thought the same way back in October last year. The NDX went from 1144 intra-day low on Oct 8 to 2150 on Feb 1. If that is not straight up, what is?

I am calling for it to fall to 1865, and that's not too much to ask. We have seen something like this in Aug 31, 1998. That day the NDX dropped 125 points when it was around 1250. That is equivalent to 200 NDX points in today's market.

Regards,

Jaime
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