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

To: William H Huebl who wrote (1439)	10/27/1999 12:25:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 2103

So far I see more down side too, I just got scared and might want to catch my breath, I like shorting when every one else is covering..and it all happened so fast with that news but now the shorts are running back at her. Had I not covered I would still hold, but I don't know about reopening ..I want the top or bottom not the middle part. Had it not been for that Dow news this market would have went stright down today. Jim

To: William H Huebl who wrote (1439)	10/27/1999 1:47:00 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 2103

Bill; I've burned the late oil, and I can't believe my eyes those arbitragers are good..they have adjusted the new to old holdings to fit and are only $2.11 cent off for the whole index.. but have the index high $ 38.30 with the adjustments.. They must have some smart program writers..my guess is they will make that 38.30 come out somehow via the futures . It looks so slick I don't want to believe they didn't know ahead. The knee jerk was just jerks like me thinking the News was really News..hell it was adjusted before they even announced it. I backed prices up to Mondays close, and it looks like it all fit together. If your short stay short the FRiday signal was valid, and the knee jerk today was just that hype.