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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (4595)9/10/2001 10:52:17 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 33421
 
>>Looking at the S & P 500 last year tech comprised about 33% of the weighting of the SPX, it's now down to about
16%. the biggest group, weighting wise is now financials, with healthcare also having a large weighting.<<

Thanks John,

I didn't realize the SPX weighting had changed to that extent either. Is there a formula of sorts for the weighting of that particular index?

If you don't think the 8/31 TRIN signal was legit, are you still looking for a Sept/Oct. rally?

One thing I have noticed is that the "seasonality" of the trading seems to be coming earlier and earlier. Which to me just confirms the bear market is intact, "smarr money" traders and long shareholders trying to get the "foot out the door" before the mad rush.



To: John Pitera who wrote (4595)9/10/2001 11:14:19 PM
From: Dan Duchardt  Read Replies (1) | Respond to of 33421
 
John,

There are also volatility indexes for Nasdaq and the Nasdaq 100 tracking stock QQQ. I can't eliminate the SPX from these, but they show the Nasdaq relationships:

stockcharts.com

stockcharts.com

And just for good measure, here is VIX, OEX

stockcharts.com

Dan