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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: DebtBomb who wrote (57908)4/28/2002 11:48:26 AM
From: Steve Lee  Read Replies (2) | Respond to of 99280
 
Dale, as per my post just now to Shoreco, the bio's are already in the COMP so I assume they should contribute to tanking only slightly less than they have done to tanking the NDX.

It may be that they are over represented in the NDX relative to their market cap in which case they may be a factor in divergence between $BPNDX and $BMCOMPQ. Other possible factors are:

1) Might just be a simple lag
2) Advisors are more bullish on financial organisations, which are not included in the NDX