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


To: Gersh Avery who wrote (1652)4/23/2000 12:53:00 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 2103
 
Hi Gersh; Thanks and Happy Easter to you.

If you missed it keep an eye on THRGX.
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Also an ear out for the pundits to start complaining of
how the high dollar is hurting sales.
On a weekly basis Look at stock indexes as well as oil price moves BUT add or subtract the amount the dollar has moved.
We are impacted by a global economy so
Over lay the two to get the real picture.
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Take the NDX..during the sell off the dollar went UP
about 1.5% so that seems to say to me the big boys were
supporting the dollar as they distributed stocks..
distribution can go to all out dumping if the dollar
falls. BUT if the dollar climbs even more we will have
a hard snap back ,
it's risky to call it right now.
I do think we put in a top back in march that we will be
a long time getting back to.