SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (80201)7/14/2001 5:59:10 PM
From: eichler  Read Replies (1) | Respond to of 99985
 
NewVision,
Don't know if you saw this already but when I did, I thought of you. I'm sure you will find this interesting!
Message 16075623

EXCERPT:
< Rydex Sentiment numbers extremely BULLISH given the recent reversal the last two days. Bullish position everywhere except Arktos
which is the least sentiment responsive to all Bull/Bear Funds.

Money Market levels back above oversold as the masses believe the first launch coming outta da hole was a fluke.
I got news for da Bears. IT AIN"T NO FLUKE. We are going higher through the rest of July until these numbers exhibit Bullish
exubberance which is non existent right now.

Any minor pullback, if it is to materialize, is to be bought with reckless abandon with stop losses 10% below buy in levels. This is a sweet
spot for the market time to lock and load and put the dry powder to work. >

Cheers,
Eichler



To: t2 who wrote (80201)7/31/2001 1:29:47 PM
From: YxY  Respond to of 99985
 
Actually you are right, the QQQ which track NDX is a basket of stocks so when one stock price move it affect it weight as a percent number. The basket details as of 03/31/2001 can be found at
amex.com

the problem is that in early june NVDA has replaced VSTR and I don't know exactly how it has affect the whole basket. Back in march VSTR weight was 2.42% which does not match with the NVDA weight that you gave in a previous post so I guess it was not a simple weight switch. i'm trying to figure out the new basket composition (that is the way I cross your post) if you can help, it would be welcomed