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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 (309)4/8/1999 4:32:00 PM
From: Compadre  Read Replies (1) | Respond to of 2103
 
Jim: I agree with your assessment. But let me add something that I believe strongly. The NDX has gone into a trance. and it is going to head up, may be two days up, one day down . If You put a 5 day SMA on your daily chart, you'll see that the index bounces on top of it 80% of the times during strong trend. And that's what we are seeing now with this move. Until this trend breaks, I will buy the dips.

Regards,

Jaime