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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 (378)4/16/1999 2:51:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 2103
 
Actually it was some luck as I had a limit order in
Message 8966441
I was just going to change it but when
I next looked I found out it had executed.
-------------
The volume spike about 12:45 and her not going up seemed to
say big money had shorted, so I put in a limit order right after
the volume spike, it caught the shirt tail, I hope I don't regret it, I lost on the last one.

Anyway I feel my long XLE should hedge me
if MDY does go back up.
My bet is now that the XLE will out do the MDY ( up more or
fall less. ) The recent momentum seems to say it will.

Jim
Ps It's not a real big bet,
500 XLE long to 200 MDY short.