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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 (2009)	7/9/2001 3:35:38 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 2103

To All; This is a sneaky day ..But the Mo Mo gang really looks the best I've seen in about a month, if that keeps up we could get a summer rally after all, ( I just gave up hope on taht ) however today looks like good stealth type rally.... Here is the poop...for them who understand the Trin..my Mo Mo takes it one step more. I take the 100 NDX stocks and weight them by the dollars they trade on an average. In other words 3mo Vol X price , no matter the cap I'm looking at avg dollars actually traded. And the more Dollars a stock trades the more weight it gets in my mo mo index. ------------------------- Trin just looks at advances and declines and up volume vs down volume.. not at UP dollars vs Down dollars My mo mo is looking at the dollars..and the top 17 stocks out of the 100 I have separate as they trade over 55% of the dollars. For the Mo Mo to look good those 17 have to move up faster or fall slower than the other 83 ..as that's were the real money is moving. For the longest time the high dollar volume stocks have been sucking hind tit to the lower $ volume stocks..today I see a reverse.. I can't say it will last but if it does we are getting ready to blast off. The gains today are not a lot but are very much better on the side of the stocks who trade the most dollars. All in all this is much like the trin it just shows more and lets me know when the trin is faking it by messing with the cheaper less liquid stocks. No matter the cap, the stocks that have a habit of trading the most dollars are the most liquid, and it's them you want to see move up or at least not drop as fast as the less liquid, when the less liquid hold up or create a rally it's always short lived or false. -------------- Again it's to soon to say for sure , but this does look better than any thing I've seen in a while, if it will just keep going it's going to make CNBC look like shit with all their bear crap today. Jim