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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: CIMA who wrote (2393)	2/8/1999 5:54:00 PM
From: Stock Watcher	Read Replies (1) \| Respond to of 52051

CIMA; the penny stocks were too volatile for the INDEX; a three-cent move by a ten-cent stock (a move of 30%) would throw the entire INDEX's percentages off (it's gains/losses), in a manner which was not truly reflective of the INDEX's overall daily performance (both up & down). All the "pennies" were deleted for this reason. The deletion of CRVV had absolutely nothing to do with the company itself, its merits, performance or risk factors. The decision was solely based on keeping the daily INDEX's increases & decreases congruent with the other 27 stocks listed. It was an interesting experiment. Still keeping an eye on CRVV !! sw

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