PMG,
I thought you were joking around? I thought the charts clearly show the correlation. SPX is cash, ES00Z shows the futures. COMPX is cash picture, NQ00Z futures clearly in graph form. Am I misunderstanding a need to translate? No need to reply I often misunderstand. And, Do not want to clutter w/ unnecessary posts. However, The link below does reinforce Ikes sentiment and reads.
I had a need to see this relationship on a single chart here is the result...perhaps this is what you want to see also? It is a close relationship.
tenlights.com
SPX cash on left....NQ00Z chart , purple line is overlay of SPX
Hahn also made interesting comments on this today... home.att.net
I still think the bargains in the programmable chip sector are attractive....dram prices I think, aren't a measure of their unique demand. ALTR, XLNX,GALT, other stocks like, INTC, TXN,SCMR also look attractive to me...and MU
....someone,Jill?, asked about a 100pt gainer....my guess may be AVCI, new optical terabit router selected by Quest....that's how NT made it's gains over LU, LU is my 2nd guess...yes that's right, LU...if their Lambdarouter does as advertised this could be huge. IMO currently being tested by GBLX....another good LT stock |