Nasdaq 100 Rebalancing: This Fix May Provide Opportunity

Wednesday, April 6, 2011

Nasdaq committed an error and now has to pay the price. The penalty? Having to publicly announce a dramatic “rebalancing” of its noteworthy Nasdaq-100 (QQQ) stock index.

No, there is no admission of guilt. In fact, after the rebalancing, the same flaws will still be in place. Ironically, all this is taking place in index-land – a place where fractions of a decimal number are viewed as important information.

This article is posted on SeekingAlpha.com

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