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

To: Stoctrash who wrote (1052)8/8/1999 10:36:00 PM
From: James F. Hopkins  Respond to of 2103
 
It's a bit soon to say, but from the looks of the Forex trading
they are covering their shorts on the dollar, if what I saw
was accumulation of stocks/bonds from Wednesday on this would
make sense , stocks will run back up with the dollar and then get
sold off just before the dollar falls again.
Right now the dollar is up across the board,
& we look set up to rally, not so much on the
open at least noy yet but I feel the day will end
on the upside, and maybe gap up again Tuesday
and run till the shorts cover.
Jim




To: Stoctrash who wrote (1052)8/9/1999 8:44:00 AM
From: James F. Hopkins  Respond to of 2103
 
Looks like a rally is in place at least for the open, and dollar
is up so I expect some short covering.


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