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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (909)6/16/1999 8:07:00 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 2103
 
TO All; If your short at the start of a day like this it can make
you question your sanity. I did as I'm sure like many others
who saw the futures this morning & covered at market on the open.
I don't know how many of them had guts to short the close today
but I did. ( right or wrong I jumped back short ).
--------------------
The thing IS, as bullish as it all looks, the BIG gap didn't
try to backfill then go up,
well I'v seen stocks that didn't
fill a gap, but not an index.
This could be a first time, ( it is for the amount of gain on the
Nazdaq, ) some people may think we will set two all time
records in a row but I don't.
--------------------
This could signal we are going to make another runup into
July but at best I consider it still too risky, and believe that
even if we are to run up that GAP will get filled.
Jim