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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.
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To: James F. Hopkins who wrote (497)4/24/1999 1:09:00 AM
From: Vitas  Read Replies (2) of 2103
 
Jim, I think that XMT is the 10 highest yielders of the Dow, or,
in other words, the dogs of the Dow; I had a Merril broker send me the skinny on it, but I've got to dig it out from a bunch of stuff.

One thing I noticed about it is that it can make false divergences - in other words, back in July '98 when the markets started down,
on the way down there was a point where it overperformed for
a day or two, masking the trouble that was ahead.

BWDIK,

Vitas
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