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

To: Matthew L. Jones who wrote (1420)	10/23/1999 4:07:00 PM
From: James F. Hopkins	Respond to of 2103

Matt; I've said all week the rally was shrot covering..I was way in front of Jim Cramer, I usually am too. -------------------- But the bull is not back for the NDZ I see a gap down Monday, almost always happens right after the shorts cover. Some longs are going to take profits and rotate to insurrance in fact they started in insurrance Friday on margin and will sell the NDX to reduce the margin. --------------- It's a MO MO market biz.yahoo.com Symbol Last Trade Change Volume Avg Vol Mkt Cap AGC Oct 22 74 3/4 +5 3/8 +7.75% 1,698,000 506,590 18.621B AXP Oct 22 148 5/8 +3 3/4 +2.59% 1,925,900 2,069,954 66.774B BAC Oct 22 58 3/4 +3 13/16 +6.94% 5,813,400 4,434,545 101.5B BSC Oct 22 39 1/2 +3 1/16 +8.40% 867,500 546,727 4.639B CMB Oct 22 80 5/8 +3 +3.86% 5,025,700 3,566,772 67.111B CNA Oct 22 36 1/2 +2 9/16 +7.55% 164,500 90,363 6.724B JP Oct 22 72 11/16 +5 +7.39% 947,600 243,500 7.662B LEH Oct 22 67 15/16 +6 3/4 +11.03% 2,312,900 724,272 8.153B LNC Oct 22 47 3/16 +5 1/2 +13.19% 1,651,200 504,727 9.382B MER Oct 22 72 1/8 +4 13/16 +7.15% 6,354,400 2,856,636 26.365B MWD Oct 22 102 7/8 +5 1/2 +5.65% 3,644,100 1,962,772 57.297B PL Oct 22 34 1/4 +5 3/8 +18.61% 822,100 179,363 2.209B PVN Oct 22 93 +4 3/8 +4.94% 1,569,500 1,170,000 13.187B PWJ Oct 22 38 +4 11/16 +14.07% 2,373,600 617,181 5.532B RLR Oct 22 42 5/8 +8 3/8 +24.45% 1,642,100 353,454 3.665B SAFC Oct 22 27 11/32 +9/32 +1.04% 3,289,100 634,545 3.596B SPC Oct 22 27 5/16 +1 3/4 +6.85% 1,754,000 580,136 6.190B TAP Oct 22 33 +4 15/16 +17.59% 1,815,500 291,772 12.898B TMK Oct 22 30 11/16 +4 9/16 +17.46% 1,595,000 287,363 4.083B WFC Oct 22 44 3/4 +1 5/8 +3.77% 7,471,200 3,071,409 73.803B ------------------ Look at how they rolled up.. Now go back and find me a week ago saying to buy the XLF. quote.yahoo.com I went short the NDX late Friday. Jim

To: Matthew L. Jones who wrote (1420)	10/23/1999 4:31:00 PM
From: James F. Hopkins	Respond to of 2103

Matt ; I went to edit that last message and change the font but the time window ran out, also I was going to add. after Now go back and find me a week ago saying to buy the XLF. quote.yahoo.com -------- this Which I did right on it's bottom,20-7/8 but the weak dollar scared off and I sold to soon, still I made a profit just wish I had held it longer. I went short the NDX Friday about 1:30 About Jim Cramer he has a good line of BS, and can make sense after the fact, but his track record for making calls ahead of the fact is awful. He reminds me of the "shills" at the race track selling programs and tips. I use to read him as he is colarful in the way he talks, but then I got board when I came to understand he was just dressing up old news, to look spiffy..he sure has a talent for taht. Jim PS I still laugh every time I think of his expensive commercial where he is on a deserted Wall Street real early Sunday Morning and tells us the amazing fact that it's Monday in Japan.. He's smart all right quote.yahoo.com did you buy his stock at 60 ? That chart shows about what I think of him. Lucky for me I was wised up before he went public.

To: Matthew L. Jones who wrote (1420)	10/23/1999 4:55:00 PM
From: OX	Respond to of 2103

Hi Matt, Jim, etc. That article just goes to further show why this Bull market will continue to run. (I'm talking long term, not short term.) I just can't see a huge crash (not corrections like we're in now) for a long time to come given the current dynamics of the market: trading curbs, large liquidity, funds overleveraging, baby boomers (re: Jim's post 1417), etc. Speaking of post 1417, I was going to reply how I recall reading Harry Dent's book (The Great Boom Ahead) where he talked about the Bull running thru ~1215 due to the boomers "waves". I plan on averaging out way, way before then... and since everyone else will be doing the same... ;-)