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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Square_Dealings who wrote (27520)	8/11/2000 10:47:34 PM
From: Lee Lichterman III	Read Replies (3) \| Respond to of 42787

Thanks for the chart, that confirms what I am feeling but I still don't understand the super secret weighting of the NASDAQ and NDX. That chart just adds to the dilemma. If the majority of stocks are down, why doesn't the index look worse? In April 98, the answer was because they were rallying the most heavily weighted stocks to mask the underlying selling. However this time, the most heavily weighted are also falling. MSFT is down mid term although up short term, CSCO is clipped, ORCL is flat, DELL is dead, CPQ while up is no where near up enough to carry an index especially weighted in the middle now. MU is down, INTC although strong the first half of the year is flat to down. Where is the masking of the selling of the LUs, RFMDs, HLITs, AMZNs, CTXSs etc going on? Do they reweight the index each day giving the most weight to the few that are going up? <gggg> Good LUck, Lee