TB:" follow ze bouncing bool "
fwiw, upper DTL on SPY is, what ~133.6 ?
>I believe the DIA will be the trading vehicle of choice...
yes, that's what I was investigating; what's not in the OEX-30 but is in the DJX-30:
UTX ALD JPM MO EK MMM IP AA GM CAT BA
is mostly the traditional, industrial "cyclicals" bellwethers; what's not in the DJX-30 but is in the OEX-30:
CSCO LU AIG BMY BAC BEL F NT TXN WFC ORCL
is most notably the "telecom-equip" CSCO LU NT TXN/MOT sub-sector stox.
...substituting the "telecom-equip" stox for some DJX-30 industrial cyclicals would probably create a stronger growth portfolio.
Throwing in 2~3 brokers would probably amplify any upside gains in the financials.
Likewise, adding some biopharmas like AMGN+BGEN would juice the big DRGs; and stirring in some capital-equip stox like AMAT, SLB+HAL would act like leverage, given growth in Semis or BigOil.
>I think the changes were incredibly insightful...
...agree completely, Berney - but we could make a case for more radical, structural change; eg., completely revamp the DJ "utility" index towards a DJ "energy" index.
The DJ "transport" index was railroads, is now more or less the air-trans XAL sector. Tempting to think of "transport" as "moving information" so, stick all the telco, telecom-equip stox into a wholly new DJ "transport" index.
-Steve |
