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Re: Zeev Hed post# 55571

Friday, 12/13/2002 4:21:50 PM

Friday, December 13, 2002 4:21:50 PM

Post# of 704041
NDX changes - it's hard to tell. They announce the changes tonight (or Monday), but they won't actually happen until next Friday on the close. Last year, they removed/added 13 companies, and the companies being removed dropped an average of 3% between the announcement and their removal. The NDX overall, though, dropped 3%, so it could be said there was no effect at all...

Hard work often pays off over time,
but laziness always pays off right now.

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