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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.30-2.7%3:00 PM EST

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To: Monty Lenard who wrote (45578)12/30/2000 9:13:04 PM
From: James F. Hopkins  Read Replies (1) of 77400
 
Hi Monty; I not long ago read an old book by an ex fund
manager..the dishonesty is built in , they go along
with it or don't survive.
I forgot HD in my last post it changed the DOW some

would have been down 7.71% if I owned all the
shares of all the stocks in the DOW,

How ever if that was a market cap weighted index
it would show me down 15.09%


Market cap weighted indexes skew both ways..
I keep trying to explain that to the TA experts
who key on an index.
---------------------------
There can be no honest index unless it's weighted
by the amount of shares out.
The Wall Street experts have to know that,
so why do they feed the public such bullshit.
Jim
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