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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 (231)	3/25/1999 8:46:00 PM
From: James F. Hopkins	Respond to of 2103

Hi Monty; Thanks for the chart. Well my take on the NDX is very short term, longer term I can't see how the market can power up much more with out a correction, the internals are sick, but right now the liquid is good. Also I think some one has forgot how much the NDX has gained since OCT, ( like about 90 % ) and I don't see how that is sustainable. It's all Mo Mo. Did you see MSFT late today ? And she is the big power in the index too. MSFT is now 100 Billion larger than GE, and can buy XON 3 times over. How is the world going to live on software ? Something is bad wrong with this picture. Jim