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Strategies & Market Trends : News Links and Chart Links

SPXL 220.68

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To: pallmer who wrote (6928)	4/4/2003 3:08:09 PM
From: Les H	Read Replies (1) of 29601

The volatility and tight correlations is due to the stock baskets being traded in ETFs, index funds, and leveraged funds. The volume of trading is increasing in ETFs. stockcharts.com[h,a]wallniay[p][vc60]&pref=G stockcharts.com[h,a]wallniay[p][vc60]&pref=G stockcharts.com[h,a]wallniay[p][vc60]&pref=G It seems most days about 80 percent of the stocks move in the same direction as the index.

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