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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Tom Trader who wrote (40571)2/10/2000 1:37:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
<I am waiting for the NAZ to catch up with the DOW and achieve parity:)>

I keep a screen that essentially tracks Naz versus SnP. If you are able to do that on TS, you may find what I have on QCharts. This is that the Naz has attained a point that over time it's outperformed the SnP by a factor 2.8 to 1.

AHHHHH, thank you. They almost took out my Stop then sailed down. Lucky day.

The above issue about the NDX/SPX is "relative to each other" the NDX is crushing the SPX. I think if the NDX attains parity with the DJIA we definitely have to wait for the SPX to crack upwards as well. For even if the NDX stays ahead of the SPX we are talking perhaps 4,000 plus on the SPX; which of course would propel the DJIA even further.

Dogs chasing tails, so to speak.