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


To: OX who wrote (1877)1/11/2001 12:01:38 AM
From: James F. Hopkins  Respond to of 2103
 
Just keep in mind the $ MO Mo "lead" the index
both up and down..
Before the 1st they were as much as 10%
below the index.
It's a relitive indicator and can move fast but
the index follows it.
A 5.32% lead in 7 trading days is very positive,
sure it may dip but "shorting right now " you better
be damm fassst. This is for sure a set up for
Buy the Dips again.
( until the Fed backs off with injections )
Tahts very important too.
Look every day at 10 to 10:30 AM and don't fight
it..if the injections stop or we fail to get the
next rate cut taht will be another story..
Jim