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

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To: Smooth Drive who wrote (500)4/23/1999 12:25:00 AM
From: James F. Hopkins  Read Replies (1) of 2103
 
Eric; I agree the TA is bullish, the fly in the soup is it was
also very bullish not long before this last pull back ,
and we have to keep an eye on interest rates.
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The deepest drops always happen after the market looks like it
can't do anything but go up, and both it and interest rates
climb at the same time. Every one is counting on CreemSpam not
hiking rates , and he may not have to. The market seems to be
starting to do it for him.
But yes the TA looks good , & my head tail has improved from what
it was.
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I also have a feeling we are going to commit ground troops
in this war with Serbia , and just a hunch that when that becomes
official the market might get real scared real fast.
Jim
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