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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Andy H who wrote (33529)11/16/1999 5:07:00 PM
From: OX  Read Replies (1) | Respond to of 99985
 
my calc on QCOM was on its effect inside the NDX, not the naz composite. Donald correctly attributed this as for the "NAZ-100". Regardless, it is less accurate to say that if QCOM doubled in the NAZ it would only add 40 pts, because, if QCOM doubled, it's mkt cap as a %-age would correspondingly also increase.
My calc is only valid for a point in time, but I believe is good for a rough measure.