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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Paul Shread who wrote (30326)9/20/2000 10:22:28 AM
From: donald sew  Read Replies (1) of 42787
 
Paul,

>>>> Why is the SPX down so much relative to the Dow and COMPX? The only difference between the three I can think of is oil, but that's up. Financials? Dow has em too. Interesting that semis are down today - a sign of a potential weak rally. <<<<

Normally the SPX straddles the middle between the NAZ and DOW. I can only suspect that the mid-size companys are being sold more than the generals, which could imply narrowness in the overall market, which could imply trouble.

As you mentioned that the SOX is down, but more importantly, the SOX is down more than the NAZ/NDX on a percentage basis. This rally that started yesterday doesnt look like it has legs.
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