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Technology Stocks : Boeing keeps setting new highs! When will it split?
BA 247.680.0%Jan 16 9:30 AM EST

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To: Neil H who wrote (2698)3/17/2000 11:57:00 AM
From: Sam Citron  Read Replies (2) of 3764
 
OTOH, Have to temper enthusiasm for this news with quarterly S&P rebalancing which goes into effect on close today. Since S&P 500 is market cap weighted, they have to sell losers and buy winners. BA has been a disaster this quarter so there has to be some selling pressure today.

I rebalance also. But I am not market cap weighted. Instead, I use a modified dollar cost averaging approach, so I often rebalance by adding to losers and shedding winners.

Hence I bought more BA this AM.<g>
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