For Immediate Release
NASDAQ100 Component Changes Applied to Indicant Select Stocks
Granbury, TX December 1 - Several NASDAQ100
stocks changed this past year; mostly due to reduced capitalization. This
is due, in part, to the NASDAQ100 bearish behavior. Most of it is due to
the predecessor stock market bubble that falsely inflated the valuation of
most of these stocks.
The Mid-term Indicant will continue to track
these former NASDAQ100 stocks in the Indicant Select Stocks group. This
group of stocks was originally reserved for an emphasis on petroleum, fuel
cell, and biotechnology stocks. The fundamental theme driving that
emphasis should be obvious. Oil prices are expected to rise significantly
in future years. Energy service companies, which use to be the bastion of
high tech should do well in the coming years. Fuel cell research will be
capitalized to counter-punch OPEC power. Finally, biotechnology is
appealing as baby boomers are starting to feel their bodies and will be
looking for some relief.
The only Indicant Select Stocks no longer
tracked are those that are no longer available for trading on public
exchanges.
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