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

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To: James F. Hopkins who wrote (1735)8/6/2000 7:05:43 PM
From: Les H   of 2103
 
I can generate one since I have an NDX list and an OEX list. I was considering creating an intraday AD indicator so that the AD would be (close - open) as opposed to (close - yesterday's close). The strongest tech group is Biotechnology, Medical - Instruments, and Internet - Security, although breadth in each is not what it used to be. Biotechs and biotech-related stocks are better represented in the Composite and the Russell 2000 than in the Nasdaq 100. They would start dropping out the Telecom and Telecom-related Semiconductor & Electronics stocks from the Nasdaq 100 to move them up. After all, the Nasdaq 100 is purely a momentum index of market cap gainers.
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