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Strategies & Market Trends : Ultra OTC Fund - UOPIX -- Ignore unavailable to you. Want to Upgrade?

To: bob wallace who wrote (663)	10/4/2000 4:11:14 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 2063

Hi Bob, Last week's NASDAQ showed 328 New Highs and 620 New Lows out of 5084 issues. Advance/Decline was 2067/2611. Still, there were 13 stocks out of Value Line that had risen more than 100% in the last quarter. This is what drives my Speculation Index crazy. To make VL's "Best performers" list takes a gain of 61% while to get on the Bad Boys List only takes a drop of 40%. Market's more confused than ever. Confusion although short term bearish usually doesn't last that long. Best regards, Tom

To: bob wallace who wrote (663)	10/4/2000 4:15:57 PM
From: John	Read Replies (1) \| Respond to of 2063

I'm with you, Bob. I sold every share that I bought yesterday as well. I am very fortunate to now be up 44% for the year. I feel pretty battle worn though. This has been a tough market to make money in. It will be interesting to see what UOPIX closes at today. The NDX was up 2.50% right at the close, but later settled out near +2.98%. So, UOPIX should be up somewhere between 5% to 6% for the day. I was going to let it ride, but in this paranoid market, I'll gladly take what they give me. Congrats on your nice sell, too. Good luck! Best Regards, John in Iceland Partly Cloudy, 38°F