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Re: Ruellit post# 5

Thursday, 01/17/2002 1:04:42 PM

Thursday, January 17, 2002 1:04:42 PM

Post# of 46
Muel:

I want to be clear on exactly what we are building here.

I want this thing to work like the S&P 500 or the QQQ Trust.

Selective picking of stocks to TRACK the OTC in general. To find trends in the OTC market place.

I'm not creating the index to allow people to 'quick pick a stock' to get in there. Nor should the Index stocks be used as a tip sheet.

All I want from it, is a way to track the general sentiment of the OTC BB Market place. Money flowing in or out. We can build on it from there, but the idea is to see if it's possible to chart out this market place, like the Dow/SP is done.

Not totally sure where I am going with it yet, but I am going there.

The question remains: How do we add/subtract companies from the Index. We need a standard critera. Actually, I'll cruise on over to the S&P site and see what their selection basis is on.

Where is xx? I'd like his thoughts.

MB

P.S. If this thing actually does get rolling on a larger scale once it's all done, I won't be trading in any OTCBB stocks. Not that I actually do right now, anyways.

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