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

To: James F. Hopkins who wrote (1920)	2/1/2001 9:17:50 PM
From: James F. Hopkins	Respond to of 2103

Well the problem was there as even with a rate cut we didn't take off. My primary computer went down with a hard drive problem & that's caused me to be short on my posting. ----------- The Big momo 24 has corrected her extreme bullish push and is down to 25.30% gain to the NDX 22.47% or 2.83% positive spread The 100 has came back too but at least the rally has broadened out some and isn't in just a few at the top. 100 is 26.45% gain for a spread of 3.98% things have cooled off a lot. We had positive flow today but it was weak and shorts could easly take over but they better be fast to cover if the do. The fed is bound and determined to stop the bleeding. Lets keep in mind the Bulls fought the Fed going up and latter paid. The Bears just might fight the Fed now and it will cost them if they do . Not that I don't think we are not going to get dips , we will but they will be tough to short. ---------- I got about 50% long early today and any shorting will only be to hedge the longs, and any money I make on shorts will likely be added to long positions. We likely gap up a little in the morn. Jim siliconinvestor.com ------------ Dont fight the fed, just hope the other guys do. biz.yahoo.com Jim