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: Jack of All Trades who wrote (667)	5/13/1999 10:30:00 PM
From: James F. Hopkins	Read Replies (1) of 2103

They set up for a little gap up, ( again ) but also were they can reverse that on based on what the Chicago gang does with the futures in the morning, ( the specialist left them selves a way to pivot ) My best guess from here is a Gap up so I covered , but I also see us testing 107-1/2 again before we make any new highs. Best I can do is try to grab a shirt tail. Thing to watch is MSFT , if she breaks support it puts a lot of selling pressure on margin accounts, I see her floating right on support now and any more of a dip in her will play hell with the NDX, lots of money tied up in MSFT and some people are already feeling the pain, other than MSFT I could make a bullish case for the NDX , but it can't be done without her. -------------------------------- Jim

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