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Re: 145k at the open

By: DigSpace in ALEA | Recommend this post (0)
Sat, 16 Jun 12 4:41 AM | 108 view(s)
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Msg. 08471 of 54959
(This msg. is a reply to 08470 by kaleido)

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My first read was Wave removed from 3000 and global. 2000 is simply part of 3000. Can't be on 2000 and not on 3000. So yes, off 2000, 3000 and global.

I consider all of this a settled matter. Wave is off those indexes.

The microcap indexes I consider immaterial, looking at their asset vals etc indicates to me we are not talking a lot of shares, some, but not a lot.

Most (shares) are a consequence of the broader indexes.

What remains is the degree with which it will be reconciled against the short position derived from entrance onto the Russel, or whether it will be reconciled against other shorts looking for a smooth cover, or whether it will cause a comparatively massive supply .... and SP erosion.

As the days tick by I lean towards an orderly transition.

But am I buying now?

Nope.




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The above is a reply to the following message:
Re: 145k at the open
By: kaleido
in ALEA
Sat, 16 Jun 12 3:56 AM
Msg. 08470 of 54959

The jury is definitely out on how Russel plays out

as well as not done....

Here's the Russel schedule
Wave in on 2000, 3000 and Microcap...

June 8
Preliminary additions and deletions to the Russell Global, Russell 3000® and Russell Microcap® Indexes published after 3:00 p.m. PST

=== wavx removed from the 3000 and we must assume
from the 2000 as well..=======

June 15
Updates to the list of additions and deletions
=========wavx removed from global=======this might
have happened on the 8th.
http://www.russell.com/indexes/tools-resources/reconstitution/reconstitution-changes.asp

June 22
Updates to the list of additions and deletions

Reconstitution final after the close of the U.S. markets

June 25
Final membership lists posted for the Russell Global, Russell 3000®, Russell 1000®, Russell 2000®, Russell Midcap® and Russell Microcap® Indexes


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