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

To: JH who wrote (54392)6/16/2000 11:42:00 AM
From: UnBelievable  Read Replies (2) | Respond to of 99985
 
Without RMBS Gain $SOX Would Be Red

In Terms of the Amount of Capital Required to Move $SOX I Think It Still Takes Much Less to Move RMBS $3 than INTC $1

I agree that price weighted indices make no sense. But they do allow for easier painting of the indices so I don't think that will change.

RMBS was up 50% now 45.5%. A 45% increase in RMBS accounts for a 2.873% increase in $SOX. $SOX is now up 2.8% Without RMBS it would be red.


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