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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Nemer who wrote (1355)7/8/1998 11:46:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
"utes", Utilities?

Perhaps it's because I trade spoos but yesterday I noticed that the UTY and the UTIL presaged a breakdown in the spoos....or they appeared to. The Utilities crested around 10 ET and the spoos about 11:45

The Banks zigged and zagged, some others went up but the Utilities and XOI were sucking wind.

Perhaps it is the cycle of the market we are in that makes me aware of this. I'm not certain how to handle this yet from a systems point of view.

Tom will probably get a laugh out of this. He leaves for a while and the posts are about system testing. When he comes back let's refuse to discuss it.