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

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To: HighTech who wrote (1166)8/27/1999 9:38:00 AM
From: Les H  Read Replies (1) of 2103
 
I created a composite ticker using the Nasdaq 100 stocks. Also have one for the S&P 100 and the previous short lists of highly traded nifty 15 and 50 stocks. I have stock lists for the above in order to limit stock scans for technical signals --- I'm getting a higher proportion of sell signals (75%) in the big caps than from the general stock population (61%). Usually, when reversal signals reach 80% in one direction as two weeks ago, I usually get an strong change in direction in indices (was starting to get worried when the markets went down for 2 more days in inspite of the proliferation of signals).
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