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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (1258)11/20/1999 1:11:00 AM
From: Brian Hornby  Read Replies (1) | Respond to of 7434
 
What is amazing is that this is pretty well a Nasdaq only rally. I guess funds have a lot of money, and people have especially pouring money into funds that have done well this year, the tech funds. So they are buying at any price. I expect the move will brooaden, with the SP finally breaking to new highs, or the Nas will correct...

Actually a NN NAS system I just abandoned 2 days ago has just turned long. Perhaps I should un-abandon it. Though I guess if I start just picking the system that conforms to my pre-conceptions then perhaps I should just use the pre-conceptions as the system <g>