SI
SI
discoversearch

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.
Strategies & Market Trends : P&S and STO Death Blow's

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeffrey S. Lillie who wrote (20994)12/20/2002 2:16:59 PM
From: t2  Read Replies (1) of 30712
 
RE: Rebalancing of NDX100. I estimated that 15 stocks going in have approximately 30billion more in market cap than the ones coming out.
..and if the average NDX stock is worth $20...that means 1.5 billion shares of the other 85 stocks that have to be sold. I don't know if this is flawed but it is the best I got for now.
I am assuming that Nasdaq will be using market cap to work out the weightings in the NDX100..not sure they will. In that sense SnP500 is usually more straight forward.
If I am right, that is a LOT of shares to be dumped of the Nasdaq big caps. Hard to imagine QQQ can hold up with serious dumping of the big caps to take place at the close in order to reduce their market weightings.

That is why get my sell off scenario in the final half hour; last year it dropped 1% (QQQ)in the final 20 minutes but don't know if it was solely related to the rebalancing..
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext