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To: faro who wrote (34251)10/27/2000 2:17:14 PM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Faro,

>>>> Don, on an intraday basis, drawing a graph of the NAZ relative to the Dow gives an almost flat line

Here is my formula:
-- INDEX:COMPX *3 /INDEX:INDU in QChart

So at least for today, it doesn't look like a shift to the Dow <<<<<<

Firstly, are you multiply the NAZ by 3 or is that NAZ to the 3rd power. Why 3, is that an arbitrary number.

Regardless, you are using a NAZ:DOW ratio, rather than the DOW:NAZ ratio - and its showing the same thing, but just the inverse. Using your formula, since early SEPT it has been declining which is implying that it is favoring the DOW.