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To: Jay Baca who wrote (42897)12/28/2000 9:15:35 AM
From: Patrick Slevin  Respond to of 44573
 
Best guess?

The SP Market represents companies that (by and large) are more solid than the ND index. So a smoother, gradual, move upward shows that people are buying into bluer chips than risky techs.

Look for Banks/Financials to lead in the last phase of an upmove and tech to lag as a rule. If that is so now, then naturally the market would be buying into SP more consistently than the tech-heavy ND.



To: Jay Baca who wrote (42897)12/28/2000 12:53:17 PM
From: virtualsignal  Respond to of 44573
 
Another way of looking at it,

the NDX 100 has rallied 13.9% in four days and the SPX +6.2%

Nevertheless, some are still waiting for the year-end rally and don't know whether or not we would get it today and tomorrow.

Funny isn't it :)


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