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


To: OldAIMGuy who wrote (1074)1/3/2001 1:54:02 PM
From: John  Read Replies (2) | Respond to of 2063
 
The FMOC cut short term interest rates by 50 basis, and the NDX rallied 15.75% before pulling back some. After the immediate euporia dies off and the focus shifts to the reasons behind the FOMC move, will another selloff ensue?

Best Regards,
John in Iceland
Clear, 21°F



To: OldAIMGuy who wrote (1074)1/3/2001 2:55:49 PM
From: James F. Hopkins  Read Replies (2) | Respond to of 2063
 
I sure hope you GTC on the QQQ triggerd this morning before
the news hit..
Golly this is nice , ( I bought a small position in
ARBA too which I'v already filpped )
If this NDX can bust 2500, I see 3000 as next resistance
.. and it looks like we are on the way ; VBG
Am I ever happy I got UOPIX yesterday..
Jim