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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: DownSouth who wrote (32089)	9/22/2000 12:56:17 PM
From: the dodger	Read Replies (1) \| Respond to of 54805

Thanks DS, More OT -- I think you're right about "not having a disaster here"...and what you said about the indexes trading in opposite directions is certainly possible... but, after I asked, I went to do some checking at a NASDAQ 100 site...and it looks like the NAS 100 index is trading at about 3615...down about 100 points...and the overall NAS index stands at about 3715...down about a 100 points...which is somewhat normal. I know that the QQQ isn't directly locked to the 100 index -- that it trades like a stock with a bid/ask -- so it can do whatever it wants. I've also noticed that sometimes the 100 can even trade up/down more points than the overall NAS index. For fun, I put in the ten biggest names I could think of in the 100 index...8 up -- 2 down....with a combined total of about 25 points to the downside. quotes.nasdaq-amex.com I also checked both G/K portfolios...both are down...and many of those names are in the NAS 100. Is there a TA or fundamental message in here that I am missing? On the surface -- the QQQ opposing the NAS 100 index at least sounds bullish. Hate to beat this point to death...but just feel I'm missing -- or at least not understanding -- an important message from Mr. Market. td