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

To: Compadre who wrote (249)	3/30/1999 5:11:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 2103

Jaime; USPIX has a 2 to 1 leverage built into it. If the NDX will drop 2.5% by the end of the week I'll get my 5% back. I see the uptrend too, but I think we will get at least a small pull back. Early today almost every thing was up but as the day went on the NDX A/D went negative, and that in spite of what was good news. In short they seemed to sell into the early rally, Spam didn't change the rate, and the consumer confidence report was very good, so why did they start selling ? AMZN was what saved the NDX today, of the top 20 leaders 14 went down and only six up. It's not enough to call a trend change, but it sure looks like some profit taking. Jim