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

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To: Compadre who wrote (431)4/20/1999 9:13:00 AM
From: James F. Hopkins  Read Replies (1) of 2103
 
Hi Jamie; Well I was talking sort of tongue in cheek, particularly
the expert part.
Heck even Buffet said he should have gone to the
movies last year for all the good he did, I think there is a danger in
being an expert, or thinking you have found one.
Worse of all, are when you really think you is one. <G>

Lots of the times the system I use wont make a call , it'l
be to mixed, when it does give a signal it's not always right,
however that often depends on how strong a signal.

We could very well bounce today ( that's a toss up ) but unless
it's a real strong bounce we will get more down side.
I don't feel up to buying the dip right at this point as I can't
get in/out fast enough to not stump my big toe.
-----------------------
BTW I did a quick look; the NDX had about 18 down days during that
time frame ( & gave back over 500 pts of it's total gains )
But it's run up was the most impressive I ever saw for any index
except the internuts and is the reason why I jumped on this QQQ thingy.
The raw internuts are just too volatile for me.
-------------------------
If we bounce today I think a story will be told as to how
near the top we close.
Jim

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