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

To: Monty Lenard who wrote (214)3/24/1999 9:26:00 AM
From: James F. Hopkins  Respond to of 2103
 
Hi Monty; Foreign markets are down this morning , futures are flat,
& interest rate dropped a little, all in all the short term is
mixed. The NDX is about 60 pts above support and has already lost
some steam since Feb. I expect a lot of rotation and I don't want to
play individual stocks myself. The oil sector is not doing to bad
( big oil ), but for the love of me I can't see how "cuts" in
production spell anything but trouble down the road. Already the
higher price of oil looks to be causing more problems in Asia,
it's like a jump in interest rates.
Jim



To: Monty Lenard who wrote (214)3/24/1999 11:02:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 2103
 
Monty; It looks to me that DELL might be the key stock to watch
right now, she has traded the high volume as of late, & lead the
NDX down, if money starts back in her it will likely signal a
short term bottom. I'm beginning to see that watching the highest
volume stocks of the bigger ones seems to set the short term
mood. So far today Dell is trying to rally.
Jim


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