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Strategies & Market Trends : Classic TA Workplace

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To: The Freep who wrote (117827)	4/28/2005 2:34:23 PM
From: Henry J Costanzo	Read Replies (1) of 209892

Yes, that was only for the SPX, Freep.....I have COMPX on a different track.. Not necessarily unusual......despite the HFTOM...g.... COMPX reached its last highs more than 2 months before SPX. Pasting FYI something I said about this the other day (which, you will note, requires your cooperation)..... <<Again raises interesting possibility I noted Sunday that we may see lows at different times............with COMPX and your XMI...and DOW with it.... bottoming before the SPX....At the last lows, SPX and COMPX bottomed first, in Aug, with DOW/XMI bottoming in Oct..... Don't know enough about components/weights to figure out all that would mean.....maybe the weak financials weighing on SPX ??? and maybe SOX coming out of the doldrums soon.......and we'll let Freep figure out the role of the bios.....>>

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