NDX components
As you can see, a 1.3% drop in AAPL drops the NDX more than...
3% drop in QCOM
7% drop in GRMN (equivalent would be 14% drop in GRMN)
2% drop in RIMM (equivalent would be 5% drop in RIMM)
Why even have an NDX? Just buy or sell AAPL. Someone better put out a multi-billion dollar life insurance policy on Steve Jobs because if he ever got cancer or in a car accident, billion dollars in market cap of the NDX would disappear overnight.
Don't buy NDX just buy AAPL
Started by
dcengr
, Nov 01 2007 11:46 PM
1 reply to this topic
#1
dcengr
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- Traders-Talk User
- 13,391 posts
Member
Posted 01 November 2007 - 11:46 PM
Qui custodiet ipsos custodes?
#2
mss
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- TT Sponsor
- 6,182 posts
I'M WATCHING
Posted 02 November 2007 - 06:17 AM
NDX components
As you can see, a 1.3% drop in AAPL drops the NDX more than...
3% drop in QCOM
7% drop in GRMN (equivalent would be 14% drop in GRMN)
2% drop in RIMM (equivalent would be 5% drop in RIMM)
Why even have an NDX? Just buy or sell AAPL. Someone better put out a multi-billion dollar life insurance policy on Steve Jobs because if he ever got cancer or in a car accident, billion dollars in market cap of the NDX would disappear overnight.
AAPL set a ST double top @ 190 yesterday, should fill gap after a "hicup"
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