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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Math Junkie who wrote (10902)	11/30/2000 7:06:26 PM
From: Wren	Read Replies (2) \| Respond to of 42834

Funny day for QQQ. QQQ was up a little for the day while the Nasdaq was down over 4%. I have heard both the QQQ and Nasdaq are heavily influenced by the large market caps. I went to the Nasdaq site and saw that only 27 of the Nasdaq 100 were up for the day. A lot of the very large market cap stocks were down. MSFT down 11.82%, INTC down 10.96%, CSCO down 7.30%, SUNW down 4.62%, Yahoo down 1.44%, DELL down 11.75%, JDSU down 12.93%, ALTR down 7.71%. There were several large caps up. ORCL up 15.85%, VRTS up 10.87%,JNPR up 7.67%, Palm up 4.89%, CIEN up 4.02%, BRCM up 2.63%. It is hard for me to understand how QQQ ended up for the day.