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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.

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To: James F. Hopkins who wrote (1164)8/27/1999 9:07:00 AM
From: Les H  Read Replies (2) of 2103
 
FWIW, the unweighted Nasdaq 100 also failed to confirm the NDX on Wednesday. I have 4711 for the close on Wednesday versus the all-time high of 4972, which constituted a 5% shortfall. The normal, or weighted, Nasdaq 100 was within 3 points of its all-time high at that time. Hence, the index was rising at roughtly 1.5 times faster than its average component stock.
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