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


To: Topannuity who wrote (61779)11/2/2000 9:29:40 PM
From: Sweet Ol  Read Replies (1) | Respond to of 99985
 
Because QQQ is the top 100 on the NAZ and $COMP is the whole thing. Similar to the difference between the Dow and the $NDX.

Best to all,

John



To: Topannuity who wrote (61779)11/2/2000 9:30:53 PM
From: gfs_1999  Respond to of 99985
 
QQQ x COMPX Oracle was the problem <eom>



To: Topannuity who wrote (61779)11/3/2000 1:19:54 AM
From: John Carson  Respond to of 99985
 
Top,

Seems QQQ may be leading the rest of the NAZ, would expect that from the top 100 companies in NAZ, ORCL did hurt QQQ but not to the tune of a 2% difference between the two, I doubt the other companies in the NAZ are leading but you never know these days with the advent of the new economy, my charts show QQQ will lead the way down tomorrow, catalyst may be George W. and his DUI, market wanted Bush, now it gets Gore, surprised not to see futures down more but they have come down from 23 to 8 right now.