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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: DlphcOracl who wrote (57426)4/26/2002 4:45:14 PM
From: byhiselo  Read Replies (1) | Respond to of 99280
 
uh, the NDX 100 are the QQQ as far as i know

so buying/selling the Rydex or Profund equivalent
is the same as buying/selling the QQQ

cheers



To: DlphcOracl who wrote (57426)4/26/2002 4:45:16 PM
From: LTK007  Respond to of 99280
 
<Actually, this may not be all that bad, in this case. Both the mid-cap and small-cap indices are near their 52-week high, the carnage has been in the large caps (NDX 100) stocks.> but that could well just be the staging, the domino theory will activate if this continues to break.
The small caps and mid caps when they do break,will break hard--why? Because they are overstuffed as of now. Max


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