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


To: Lee Lichterman III who wrote (27522)8/11/2000 11:28:18 PM
From: Square_Dealings  Read Replies (1) | Respond to of 42787
 
Actually I made a mistake - Its this one making new lows:Highs-Lows

not Advance-Decline (which made a little turn up today)

stockcharts.com

Your question is a good one, the indexes can go up with lots of good stocks getting killed in the process. I think the BLS is in charge of all the data <g>

good luck
M.



To: Lee Lichterman III who wrote (27522)8/11/2000 11:52:19 PM
From: OX  Respond to of 42787
 
frankly I don't see how the nasdaq A-D line can move up much w/ all these sorry looking IPO's coming to market.
one stock, one vote. and there are so many more bad ones out there than good ones. lots of reasons to like market cap weighted indices and this is a good example why.



To: Lee Lichterman III who wrote (27522)8/12/2000 9:40:55 AM
From: Les H  Respond to of 42787
 
L3, Looks more like the biggest pops in the NDX is SUNW, SANM and SBUX, but as groups I would have to flag the Enterprise Software (ITWO, ORCL, PSFT, and SEBL), Biotech (BGEN, CHIR, IMNX, and MEDI), and the smaller mostly comm-related Semiconductor (ALTR, AMCC, LLTC, MXIM, and PMCS). I believe they continuously adjust the weights on a daily basis and that's why it is primarily a momentum index.