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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: Kathryn Anshutz who wrote (7536)5/27/1999 1:37:00 PM
From: JZGalt  Read Replies (2) | Respond to of 18928
 
Kathryn, QQQ is something we discussed here in Jan/Feb timeframe. QQQ is basically an index of Nasdaq stocks. Sort of like buying a S&P index, only slanted toward NAZ.

----
Dave



To: Kathryn Anshutz who wrote (7536)5/27/1999 3:08:00 PM
From: OldAIMGuy  Respond to of 18928
 
Hi Kathy, QQQ is the symbol for a new NASDAQ 100 Index fund. It's a closed end fund, so can be traded just like any other NYSE, NASDAQ or ASE stock. Makes life a bit easier.

However, it is BETA of 1.0 of the index it tracks - not like UOPIX's which is nearly twice the volatility.

Best regards, Tom


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