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

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To: OX who wrote (1554)12/19/1999 11:52:00 AM
From: OX  Read Replies (1) of 2103
 
several items....

(1) interesting note from briefing.com...

> Nasdaq 100 : An interesting scenario this afternoon as all of the stocks being
> added to the Nasdaq 100 on Monday (MEDI, DISH, MFNX, PMCS, ADLAC, ITWO, BVSN,
> NTAP, LGTO, NXLK, SDLI, AMCC, RFMD, NSOL, and QLGC) plummeted in the last hour
> of trading, while those being removed from the index (ANDW, ADSK, CBRL, CATP,
> EFII, FAST, FHCC, LNCR, MUEI, RTRSY, RXSD, ROST, STEI, TECD, and WTHG) soared.
> Obviously, triple-witching and the Nasdaq composition change had something to do
> with this, and it is clearly not a function of the fundmentals of any of these
> companies.

(2) but overall, by my calc, the 15 going in is up 2.75% from a week ago just before the announcement.

(3) BPNDX for new 15 is 62% (vs 59% for 'old')

(4) DELL is back in top 10, NXTL drops out
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