[CrackMonkey] Nasdaq vs...
deirdre at deirdre.net
Wed Jan 12 17:15:47 PST 2000
On Wed, 12 Jan 2000, Bob Bernstein wrote:
> Both the NASDAQ Composite and the NASDAQ-100 are market-cap weighted. As to
> what is meant by 'the NASDAQ,' without any further qualification, it's safe
> to assume that it's the Composite that's being reported.
I've heard *both* used as "the Nasdaq" without qualification; QQQ is
picking up alas.
The definition of the Composite is at:
The weightings are not defined in a place I can find.
> The NASDAQ-100 has gained a lot of attention since the introduction of its
> 'tracking stock.' You can trade - in effect - all 100 stocks in the index by
> trading one issue; the symbol is QQQ.
Like I said, more than 10% of that is Microsoft. No good Crackmonkey would
care about that.
_Deirdre * http://www.linuxcabal.net * http://www.deirdre.net
"Mars has been a tough target" -- Peter G. Neumann, Risks Digest Moderator
"That's because the Martians keep shooting things down." -- Harlan Rosenthal
<Harlan.Rosenthal at Dialogic.com>, retorting in Risks Digest 20.60
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