Sunday, January 6, 2008

NXTQ Q-50 far from immune from the 2008 flu


Looks like a new low for the NXTQ, down below 138. Sure, a slight might better than the Russell and QQQQ, but overall solidly in the red, solidly in the downdraft.


Of some amusement that a NASDAQ release mentions how well NXTQ did for 2007 (with some back-calculations, given that it launched 10/10/07, up 18% for 2007 (see this link). Alas, no one trying to track the NXTQ has seen this kind of return yet - and no NXTQ ETFs appear available as of today.


Stay tuned for an analysis in the coming days on the reshuffle of the NXTQ.

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