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

To: OX who wrote (1288)	10/11/1999 6:51:00 AM
From: donald sew	Read Replies (1) \| Respond to of 2103

Ox, Actually, I think this is the time to start shorting the QQQ with small positions. On FRIDAY, I noticed that the NAZ was lagging the rest of the market in the morning. Im getting the impression that as the NAZ approaches its highs money is starting to rotate to other areas. I have the trendline of the bearish wedge for the NAZ near 2900. I just consider it just part of SECTOR ROTATION, and now expect the HiTECHs to weaken and some other areas to pick up, like the DRUGs. seeya