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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?

To: OX who wrote (1443)10/27/1999 12:12:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 2103
 
Dont think percent for the DOW think price , it's price weighted
and if you move any price ( or cap ) stock $1 the index moves about $5 no matter the percent the smaller the market cap of a stock the ( the smaller the float to price ) and it's easier it is to move it up or down a dollar.
If the Naz were weighted like the DOW it would be doing
flip flops you wouldn't even belive.
Jim


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