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


To: OldAIMGuy who wrote (783)10/30/2000 9:04:45 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 2063
 
Well; CSCO has the premarket volume again today and will
be the key stock to ( again) watch for the NDX.
Looks like I get my gap down, I do hope it don't follow
through as that would set a nasty tone for the week.
I was going to sell some puts this morning, but the Gap
is more than I expected and could scare off the bulls.
---------------
Bonds have done good, and there looks like some more
but if that cycle lasts too long it will choke off
everything else to the point that even bonds can find
themselves whipped around and get caught up in a major
sell off as the dollar loses her charm.
--------------
For some time I've been saying the Dollar is too high
for Europeans to afford to buy our stocks and
what happens when the dollar does reverse it's climb ?
Jim