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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Michael who wrote (11679)10/20/2002 5:04:13 PM
From: 16yearcycle  Respond to of 30712
 
I think Justa's chart was sox/spx



To: Michael who wrote (11679)10/20/2002 6:47:38 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 30712
 
Micahel: Yes, I have studied that relationship. I suggest you take your chart back to 1995. You will see a lower trendline and an upper flat giving the ratio the look of an ascending triangle for a few years. and you will see the failure this year of the lower trendline under a ratio black oxy in July <g>.

But I like the SPX/SOX ratio too for a macro chaeck. And while we have made progress (we got into my rectangle) we are at the upper part of it currently:

stockcharts.com[w,a]macaynay[d19940812,20021020][pf][iut][J6600835,Y]&pref=G

Here is a longer term picture:

stockcharts.com[w,a]wallyymy[d2][pb50!b200!a420!a380!a200!a300][vc60][iUb14!La12,26,9]