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To: ild who wrote (152935)2/22/2002 3:36:53 PM
From: Les H  Respond to of 436258
 
SPY keeps setting a higher low than the SPX. The SPX has gone down to 1074 the last several days, but each time the SPY has gone no lower than 107.8. Usually, on lows, the ETF overshoots the underlying index.