International Precious Metals (IPMCF) Message Board

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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: C L who wrote (1725)	1/27/1997 3:43:00 PM
From: CynicalTruth	of 35569

Interesting Idea CL. "The Desert Sands Index". Has a nice ring to it <G>. I can create a composite (never played with that function before). Here's a few more things to think about... each security in the composite can be assigned a different 'weight'. The default being (1). So with IPM ahead of the others it could be assigned a weight of (2). The smallest company a (.5) and so on. Also, there are 5 different calculation methods. We would probably want to use the addition or average methods. I'll play around will it and see what I get. My only problem is my EOD data service doesn't do Nasdaq BB so I'll have to manually enter some of the tickers. I'm sure somebody with more 'composite knowledge' can give us a few ideas and proper procedure on this. Let's here it. John

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