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: Daflye who wrote (486)	4/22/1999 1:28:00 PM
From: James F. Hopkins	Read Replies (1) of 2103

Well in spite of the rate easing up the market is showing some short term strength, ( mid term weakness due to rates ) longer term mixed But I'll go out on a limb and say the future does hold a fair correction ( S&P to dip to 1250 or lower ) but that may take a while. In face of the short term strength I took profits closed my XLB short and I'm just about all cash. Over all I hate shorting but for the time being I'll be faster to short than to go long. ( to much risk on the long side ). Jim

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