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

To: Topannuity who wrote (34683)	11/2/2000 9:51:48 PM
From: adcpres	Read Replies (2) \| Respond to of 42787

Topannuity, generally it takes around a 50 point move on the NDX to change the QQQ one point. The NDX closed up 83 which would put the QQQ up about +1.6 -- the QQQ was up about 1.5 at 4:00pm. At that time(4pm) the NDX is fixed as the NASDAQ closes but the index options continue trading for 15 more minutes. After the market closed at 4pm there was a large sell of the QQQ near 4:15 which dropped it .5 point to give a final close on the QQQ up 1 point. Just one of those quirks because of different closing times. GH