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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (152915)10/14/2007 8:09:51 PM
From: Henry J Costanzo  Read Replies (2) of 209892
 
As you know, I regularly post charts of XLE and XLF ratios to SPX..

.Useful...to me...as backward looks only...giving some understanding of major moves in the market as related to these weighty sectors... in the past...

Have never seen any use for them in looking forward...and any attempts to do so can IMHO lead badly astray..
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