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Now then, what would be the best way to combine these 6 into a custom index?
----- Original Message -----
From: "Stan Book" <sbook@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, October 04, 2001 9:45 AM
Subject: RE: [RT] NASDAQ-100
> Thanks to Don for the link to weighting factors.
>
> Looks like six stocks account for more than 1/3 of the index (34.33%).
> 12.22 - MSFT +* 63**
> 5.87 - INTC + 59
> 4.82 - QCOM + 55
> 4.28 - CSCO + 42
> 3.72 - ORCL + 30
> 3.42 - AMGN + 64
>
> * divergence of Cumulative Net Volume from price: + is positive divergence
> and - is negative.
> ** number of days out of the last 100 market days that the 21 day EMA of
Net
> Effective Volume has been positive. In theory, this is a measure of "smart
> money" accumulation. Over time, the highest ranked stocks outperform the
> lowest ranked stocks.
>
> Stan
>
>
>
> -----Original Message-----
> From: BobR [mailto:bobrabcd@xxxxxxxxxxxxx]
> Sent: Thursday, October 04, 2001 7:33 AM
> To: realtraders@xxxxxxxxxxxxxxx
> Subject: Re: [RT] NASDAQ-100
>
>
> That is a very interesting post, Stan. Do you know which of the NDX
stocks
> are the most influential in the index movement, perhaps the top 6 or so?
> Can you make a hierachy screening of the components of the index from most
> influential to least?
>
> thanks,
> bobr
>
> ----- Original Message -----
> From: "Stan Book" <sbook@xxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, October 03, 2001 9:37 PM
> Subject: [RT] NASDAQ-100
>
>
> > Just scanned the NASDAQ-100 stocks. There are many more examples of
> positive
> > than negative accumulation line divergence's. This suggests an
> intermediate
> > term bottoming process may have begun.
> >
> > In terms of cycles, we are within the time frame of a 3,6 & 9 month low
> (the
> > corresponding 12 month low was overwhelmed). We also have reasonable
> > symmetry with the October 1998 low. No guarantees, of course.
> >
> > While short sell candidates are few and far between, a good rally could
> > change that. The best short candidate I find is BBBY. The stock is
bumping
> > up against potential resistance with evidence of distribution. This is
> often
> > a low risk short sell setup.
> >
> > Especially for NW is bottom fishing candidate, LLTC. This stock has gone
> to
> > new lows with evidence of accumulation which suggests a potential trend
> > change. LLTV has the largest divergence of price to accumulation line of
> all
> > NASDAQ-100 stocks. I would be happy with a rally followed by a pullback
to
> a
> > double bottom with evidence of continued accumulation. This would
normally
> > present a low risk intermediate term buy set up.
> >
> > Other NASDAQ-100 stocks that show strong accumulation are:
> > BGEN - higher 10 week low
> > CEFT - higher 6 & 9 month low
> > IMNX - 6 month high
> > MEDI - 6 month double bottom (slightly higher low)
> >
> > NASDAQ-100 stocks that show strong distribution have lost more than 90%
of
> > their value over the past 100 trading days. They have virtually all
become
> > penny stocks.
> >
> > No recommendations, just some observations.
> >
> > Stan
> >
> >
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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http://docs.yahoo.com/info/terms/
> >
> >
>
>
>
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