Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 94.04

+0.6%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zardoz who wrote (61643)	12/3/2000 1:39:00 PM
From: goldsheet	Read Replies (1) of 116764

All indexes are faulty. Maybe 10 stocks would be 90% accurate, but you would need 100 stocks to get to 98%, and a lot of weird mathematical adjustments to get to 99.9%. There is a trade off between making it accurate and manageable, hence understandable. 25 well slected stocks should be enough to get it close, but not so many as to confuse the average investor. That was my objective, therefore I felt that I did pretty good. I have not taken the time to go back and get all the hisotrical data to calculate it. Even with my efforts 50% of the index is in 5 stocks, so it might not be too much different than the XAU/GOX/HUI/TSE/CDNX indicies,

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next