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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: fut_trade who wrote (4390)	4/12/2000 4:21:00 PM
From: Jack of All Trades	Read Replies (1) \| Respond to of 7434

This guy has a list of OEX by % oex.net

To: fut_trade who wrote (4390)	4/13/2000 8:41:00 AM
From: Patrick Slevin	Respond to of 7434

< bullish for the smallest stocks of the SPX> I suppose, however I need to focus on the entire group. Those top 24 you have may need to be modified, I think, because some aren't movers. I haven't followed them, so I don't know for certain. But I would consider removing HD, for example, because I would suspect it has less Volatility (or current relevance) than AXP or JPM. These two represent the Finance Sector which should be watched closer than Retail for example. So I would overweight that Sector's representation. That's the sort of thing I'm considering doing, trying to get a feel for an advance notification. When Programs kick in, the motion is reflected quickly in the larger caps such as the ones you have, but I suspect it may also have more concentration in JPM than it would in HD for example. Of course it's just a guess. The other possibility is to take these stocks, separate them into three groups. One group all with strong Relative Strength, one with weak RS, and a third group that is relatively neutral. The reason for that is because the concentration of Sell programs should hit the issues with weak RS, the Buy programs with strong RS. Of course, I may be overthinking the situation because glancing at PREM should tell the same story.