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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (40358)	1/8/2001 5:37:13 PM
From: Stephen	Respond to of 42787

Paul, AMZN announcement was at the low end of expectations ... so no upside. It may cause some shorts to cover, but I don't see it as positive for the stock. Still .. if the market improves who knows ??. Regards Stephen

To: Paul Shread who wrote (40358)	1/8/2001 6:57:08 PM
From: James F. Hopkins	Respond to of 42787

Paul; What I call my Mo Mo, are the 12 most popular traded stocks by Dollars on a 3 month average , ( ndx stocks only ) this filters out a lot of short term story stocks. I take the price X 3 month volume to make the picks, and I weight them in a paper portfolio by the amount of dollars they trade on that 3 month average. It totals at the bottom. I watch that portfolio's percentage up/down in real time as I watch the NDX percentage and I look for a divergence. ( in the spread of the two percentages ) If the Mo Mo 12 start improving or getting worse before the NDX does ( by 1% or more ) I pull the trigger on a long or short of the QQQ.( sometimes I do 1/2% ) This is a very short term indicator that is watching the dollars traded it don't do much for me longer term. And it's fast too some times to fast for me to jump if I take my eye off it. ---------------- I don't trade many stocks ( but I do have a few ) all hedged. Jim