Jim's Nasdaq100 Special as a basket. Message Board

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

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To: OX who wrote (1834)	11/3/2000 8:14:29 PM
From: James F. Hopkins	Read Replies (1) of 2103

The move of GBLX to the NYSE , and the bringing in of PALM: GBLX loses at first as some NDX index funds have to dump her. PALM gets a good shot to the upside as they have to buy more of her than they sell of GBLX. Unless they have inflows some others will also get sold, to pay for PALM..the NDX may get a bump out of it as the switch jacks up the market cap at first. But then I expect some selling to hit Palm after the index funds run her up, They first said Monday would be switch day, then I heard it will be Wednesday.. Now I'm not sure ? ------------------- I took qqq short today and would have boxed her about 1pm but I had mucho problems with web-broker, and wasn't even sure I had her short until after the market closed. ------------------- None of my orders posted during the day..it was a mess. Jim

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