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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 (1579)1/4/2000 11:02:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 2103
 
Dollar bounced overnight then fell again, last look was 100.01 as
a low..a close below 100 will sure enough be bad.
This is a 2% drop that if added to the indexes is what people
outside of the US see our stocks and bonds falling, (ie faster
than we do. )
What people over here see and what foreigners see is not the same
our market has dropped over 4% in real value
since the top yesterday.
---------------
Jim



To: OX who wrote (1579)1/5/2000 9:38:00 AM
From: James F. Hopkins  Read Replies (2) | Respond to of 2103
 
I expect a bounce about noon, but the dollar did slide below 100..
and the bounce wont hold if the dollar stays below there.
maybe close up some today today but more downside by the end of the
week if the dollar stays down.
Yesterday was too big a hit for a lot of bulls, margins will get
pinched.
Jim



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