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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (30744)9/22/2000 3:32:30 PM
From: donald sew  Read Replies (2) | Respond to of 42787
 
Paul,

Now the question is will the DOW continue up at the expense of the NAZ/NDX(sector rotation), or will the NAZ/NDX join in the rally, if the DOW continues up?

If the DOW closes up and the NAZ closes down, regardless of the NAZ rebound off the lows, that would be 2 days in a row for sector rotation, where the DOW is up at the expense of the NAZ.

If we close in this region with the DOW up 60 and the NAZ down 60, I will go initiate a hedge with a NDX short(USPIX) and SPX long(ULPIX).