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

To: Skipperr who wrote (332)	4/11/1999 2:50:00 AM
From: Compadre	Respond to of 2103

Skipperr:<<I'm not a buy-and-hold type. But, I've found that for my particular purposes (trading index funds) it works best to scale in (down) on the buys and sell out completely on the sells.>> That's an interesting approach. But I have never considered so many steps for entry. My nearest strategy to yours is 100%, 0%, 50%. Where I would buy in 100% when the market is extremely oversold. then when it becomes over-bought I would sell 100%. One it pull back to where the technicals are in the middle and the trend indicators are on the rise, I would buy in 50% and hold till the next down cycle. If the trend indicators become robust like they are right now, then I would buy in the other 50%. But as you can see from Friday's news, there are risks associated to this type of strategy, and that is the unexpected could show up at any moment. My risk is 5% or less, but this is 5% of my whole portfolio. Regards, Jaime

To: Skipperr who wrote (332)	4/11/1999 3:33:00 AM
From: Compadre	Read Replies (1) \| Respond to of 2103

Skipperr: <<Please check the $$$ into Money Market Funds>> How does Berinyi apply this data to day the market is going higher? 26 B going to mm funds while a little over 3 B going into equity funds. It appears to me that people are still very cautious with Equities and are taking the sure route in the mm funds. Don't get me wrong, I still think that the trend in the DJIA is up, it is just that I can't see how he interprets this data. Don't forget though that when the talking heads refer to the markets, they are most likely talking about the DJIA, and your bet on the Ultra OTC is confined more or less in the High Tech field. I have found that the NDX does not follow the DJIA in most cases. Therefore I analyze it independently to the DJIA, and a large % of the times, I get opposing signals for these 2 indices. <<Although Monday could get hit pretty hard to the downside due to CPQ>> That is also my take. But if the Markets gap down big (60 NDX points) I would bet on the buy the dippers to move in. The only thing that worries me is that the Nasdaq Volume keeps on rising. I it does rise, then it has the makings of a blow off top to me. Regards, Jaime