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To: ratan lal who wrote (39484)4/14/1998 11:16:00 AM
From: donald sew  Respond to of 58727
 
Ratan,

If you have seen my previous notes, I use the ratios of 5:1 to compare the NAZ to the DOW, and 9:1 to compare the SPX to the DOW. So based on that the NAZ is up 32 DOW points and the SPX is up 36 DOW points.

So, yes I do consider that limping behind the DOW. I realise that some may not consider things negative in any way unless there is a huge difference. I try to spot the more subtle divergences amongst the indexes and that is what my GUITAR does.

Seeya