RE:RE:RE:Santa (rally)" I mean why wouldn't they?" ... I don't think they are obliged to buy in on day one but will phase in over a period of time to prevent run up. However, it is well documented that the addition to an index has a positive effect on SP. Read: https://www.nber.org/digest/nov13/w19290.html for more information.
Bullphighter wrote: My patience ran out, I have been trying to get in on a good price usd. The two prices are so screwed, I am at a lost for words. Long and short, Nobilis it is )) The USA volume sucks and the prices are whacked ! I really seiously do NOT think the bioindex had any bearing on the SP. Any funds, ect, already were holding. Perhaps even large. I mean why wouldn't they?
sunshine7 wrote: maybe some of this rally due to inclusion to biotech index effective Dec. 21?