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

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To: OX who wrote (1359)10/20/1999 10:24:00 PM
From: OX   of 2103
 
All,

For a strawman, here's what I did for a MP composite for the top 10 NDX stocks...

sum of ( closing value of each NDX10 * its weight )
-vs-
sum of ( MP of each NDX10 * its weight )

Current NDX10 is MSFT CSCO INTC WCOM QCOM DELL NXTL SUNW GBLX ORCL
based on mkt %-age as published by Naz site

here's the output for today:

Q weighting 4061.74 (10)
MP weighting 3848.75 (10)

so for today MP composite is less than closing quotes.
(ignore the '(10)', it's a visual checksum for my data)

any and all comments, etc. welcome.
if you're still contemplating your own weightings/formulas, send 'em in.
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