A: As I personally don't give out my data source, I have referring your question to Carol Mull [FAX (317) 353-62460]:
The NYSE chart is like the U.S. chart. Everyone has a different chart and none of them work very well. The two most popular are May 17,1792 at 10:10 a.m. with ascendant at 11:39 Leo and MC at 00:40 Taurus and May 17, 1792 at 8:52 a.m. with 26:13 Cancer and 09:47 Aries.
Some people use the re-organization chart, which is May 11, 1869, NY at 10:26 a.m. EST, ascendant at 10:26 Leo and MH at 29:03 Aries. This is when the NYSE began to function in its present form and for its present purpose. The new organization that was formed in 1869 was a combination of the old Stock Exchange, the Open Board of Brokers, a competing organization, which began trading on the sidewalks of Lower Manhattan in 1863, and the government bond department, which had been organized in 1867. The new constitution was effective Saturday, May 8th, 1869, May 9th was a Sunday, and May 10th a national holiday, especially declared for the linking of the Union Pacific and the Center Pacific Railways in Utah. So, Tuesday, May 11th 1869 was when operations began.
Now, I am telling you none of the above works worth a darn...
What I use are some of the index charts, which work beautifully...
S&P 500 Stock Index, April 21, 1982, Chicago, 9:00 a.m. CT
S&P Midcap 400 Index, February 13, 1992, Chicago, 9:00 a.m. CT
FT-SE 100 Stock Index, October 15, 1992, Chicago, 9:00 a.m. CT
Russell 2000 Stock Price Index, February 4, 1993, Chicago, 9:00 a.m. CT
Major Market Index, September 7, 1993, Chicago, 9:00 CT
I especially recommend the S&P 500 Index. You can depend on it. Cheers,
Russell Microcap Index July 1, 2005 9:30 am EDT New York
NASDAQ INDEX started at 100 on February 5, 1971.
NASDAQ 100 Index first traded October 25, 1985 at 8:30 am CST Chicago Board of Trade.
READER: The Afund website
lists the date and time for the NASDQ chart as February 5, 1971 at
100. Does this mean 1:00 pm? And is the location New
York? Why this date and not NASDQ's first trade date of February
8th, 1971 (time assumed to be 6:30 am).
The following answer is courtesy of Carol Mull Fax 1 (317) 353-6246:
My guess is that the 100 refers to the "Nasdaq 100" index rather than the time-of-day, but this is only a guess.
The NASDAQ that started in 1971 was in N.Y. I am very partial to the date established, i.e. became a legal entity which would be February 5, 1971 in N.Y. Others prefer the first trade. For your information the NASDAQ 100 first traded in Chicago's Board of Trade on October 25, 1985. The time this opened was 8:30 CST.
HW: The 100 refers to the original value of the index which was 100.
READER: I'm doing astrological research on
the Nasdaq Composite but I'm not sure of the correct first trade date.
The Nasdaq website states that trading officially began on 8
February 1971 at 10 am but another source
gives 5 February 1971 at 10 am as the open for the Nasdaq. Which is the correct date to use?
HW: According to Michael Munkassy:
The NASDAQ website lists Feb. 8, 1971 as their first date of trade.
Disclaimer: The Information has been obtained by The Astrologers Fund Inc. from sources believed to be reliable. The accuracy, completeness, or timeliness of the Information, however, is not guaranteed by The Astrologers Fund, Inc. This is just the starting point of your research.
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