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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: mary_a who wrote (47406)	1/28/2001 10:41:08 PM
From: James F. Hopkins	Respond to of 77400

Mary; Re You have a unique outlook. I don't mean bad unique. I mean that you seem to have a strategy in mind when you look at the market. Thanx, I know most of the market is beyond my comprehension and a lot of that is because we ( the general public ) has no way to obtain the same data that the large broker/dealers have at their finger tips. Lets say I see the market as a 3 legged stool , perhaps it has more legs . likely does. The one leg I can understand is mometum..I can get up to date data on that. While It's not the absolute and is likely set in motion by the Money Swap Leg and or derivative leg it's still one that can be exploited. Momentum I often call Mo Mo. There are some momentum "Mo Mo" funds with teams exploiting it and they also have resources I don't have and all I'm doing is following their lead. At the base of the MoMo leg is the Index funds..they have inflow and out-flow and use a combination of computer buying/selling against futures to adjust for their money flow. The MoMo funds just about know what that index money flow is on any given day and which stocks will have to be sold or bought so they try to get the jump on the index funds. They can get fooled if the Money Swap leg makes a sudden change but over time the swap leg it will move as often in their favor as against it so set backs and gains due to swaps will even out for them. --------------- My focus is simple I take the stocks in a set index, which are churning the most Dollars; using a 10day vol X price I see which ones are churning the most $. They become the MoMo stocks for the week, and they will lead the index. Right now I'm using 24 of the most dollar churning stocks in the NDX to see the direction, & I weight the paper portfolio by the amount of $ they churn on the 10 day avg and I watch the sum of it in real time. I call that my mo mo index. It would be better if my Mo Mo portfolio was dynamic and could update the weight on a daily basis but it works good enough and I allow mentally when unusual volume shows up in one or two. Like my sum based on 10day may be moving up a tad but I see CSCO and ERICY with "massive volume" Friday and "both down" so I know my Mo Mo "tad up" would be "down" if it were dynamic. So in a nut shell that's what I'm into and I trade the QQQ on it. Jim