[CrackMonkey] Nasdaq vs...

[Deirdre Saoirse]

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:
http://www.amex.com/dynamic/composite_0.stm

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