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Strategies & Market Trends : Tech Stock Options
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To: donald sew who wrote (57849)11/20/1998 12:54:00 PM
From: ratan lal   of 58727
 
Don

An interestin point. If you look at the max charts you will see that everytime GDAX has gone down and SPX has diverged up, eventually within a year or two GDAX catches up.
IN 1998 GDAX diverged up from SPX. The SPX did NOT catch up with GDAX. Instead GDAX came down and has continued to go down.
If this trend follows, GDAX may not catch up with SPX for a year or more.

ratan
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