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

To: coug who wrote (4308)	9/17/1998 8:24:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

At the risk of appearing the fool, I am going to pose the following question. The Dow Util chart, one which I hardly ever look at, is within 3 points of its high. It set a high in early July and started down a full week prior to the DOW. It corrected 8% whereas the DOW took off 20+%. It has been on a tear the last few days. WHY? Is it a flight to quality? Or is it a leading indicator? I know almost nothing about the UTILS so am unaware if there is a reasonable explanation. There you have it. Have at it. -Scott