MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Lizzie Tudor who wrote (16009)	2/2/2003 1:19:41 PM
From: Steve Lee	Read Replies (1) of 19219

MSFT is a bigger percentage of $NDX than it is of $COMPQ as far as I know. Here is the $NDX weighting breakdown: Yes, I think MSFT is going down in flames and will take the major indices with it. New leaders will emerge but I have no idea which stocks to buy to ride the new leaders. For a guess at what might happen to NXTL, take a look at the UK cellphone market: - Densely populated compared to US - hence more efficient networks - Nearly as many cellphones as there are human beings - No cellphone service provider makes a profit AND NONE EVER HAS

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