MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: Zeev Hed who wrote (80199)	7/14/2001 4:09:09 PM
From: t2	Read Replies (2) of 99985

Zeev, I don't believe it is a matter of reweighting the index. As the stocks move up and down, it adjusts automatically. CSCO has gone from 6.62 to 3.96 MSFT has gone from 5.47 to 11.24 INTC has gone from 4.90 to 6.01 These just seem to be reflect the movements in these stocks and their relative performance to other NDX stocks. There may be some routine adjustments to deal with companies like MSFT that keep getting larger. I have not found out any details on that yet...and there may not be any. Could have just been set up with a pre-determined formula to automatically deal with stocks such as MSFT and INTC. It is odd how MSFT is about 10% in the Comp as well, considering how many other tech and non-tech stocks there are in the Naz (including some large cap non-US stocks). BTW--the numbers you got were as of Dec 29/2000 and they probably appear as factsheets for the Nasdaq100---for use by mutual fund and other publications. The site I provided basically updates based on stock price.

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