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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)4/20/1999 12:29:00 AM
From: studdog  Read Replies (1) of 2103
 
Jim;
The short GE, long XLI strategy worked pretty well today:GE down 6% XLI up 1%. It sure happened faster than I thought. The real question is how long to expect this divergence to continue. Probably at least for tomorrow. Just think of the amount of capital lost with GE getting a 6% haircut. That kind of drop is so much more significant than YHOO down 20%.
If I was brave I would move my allocation of $GE short/$XLE long to 1.0. Right now its .5
Karl
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