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

To: Doug who wrote (1890)	1/15/2001 8:11:37 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 2103

My Data don't really come up with a fair value, it just looks at money flow ahead of the NDX It will give short term reversal signals but it's not very good at saying how much . . Basically it's a day trading system , it will spot trends , but even trends have corrections. Short trends can turn into longer ones.. and for now we have a strong short term up trend with a good chance becoming a longer up trend. How ever we are due for a pull back. -------------------------- In other words for the time being a buy the dips is favored over a short the rallies. ( but I went a little short Friday before the close ) How long will it last , I don't know but I think a tech bottom was put in on the 2nd. --- Jim