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

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To: Compadre who wrote (451)4/20/1999 4:45:00 PM
From: James F. Hopkins  Read Replies (1) of 2103
 
Jaime; They have "some " room to go up the Flow into the liquid
was good today, and interest rates are favorable, ( but deteriorating )
hence the mixed signal with the ^XMT falling , I have seen a lot
of this in the last two weeks, ( money moving from bonds to stocks
real fast then back to bonds )..more than CNBC is talking about
and it has the ^xmt often opposing the market which to me say
BIG MONEY is undecided , they did some shuffling in the last
two weeks but no real buying or selling just swapping.
Big Money is also waiting and looking for the Market to tell
them which way it really wants to go.
Again we are mixed, except like I said a few days ago It wants
to move one way or another & it tested the water yesterday to
see if buyers or shorter would come in.
That was more a big suffel , not just among stocks either the bond
market is moving and shaking also.
I always try to keep one eye on the bond market , as a lot of times the market is like a "shell game" and when it is day trading
can eat your lunch.
All the news and such is already known by the movers and shakers
before we ever get it.
Jim
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