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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Yogizuna who wrote (16761)6/10/1999 7:32:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 99985
 
Yogi, over the last year, the BKX underperforms the SPX by approximately a 20% margin. but they have a good directional relationship,i.e. they tend to go up and down together. recently the relationship has been more pronounced. the XBD vastly outperforms the SPX and generally leads a life of it's own, no doubt due to it's online components.

regards,

hb

EDIT: good night for today; it's 2 a.m. in my neck of the woods, be back again tomorrow morning



To: Yogizuna who wrote (16761)6/10/1999 8:32:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
RLX (Retail) has a higher correlation of 809 for 1/21/98 to present.
PSE (PSE Tech 100) is next at 800 and has a very bullish chart still.
BKX (Bank) is third at 799.

Looks like DRG (Drugs) may head back to 300 where it's made intermediate-term lows in January 98 and October 98.