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Strategies & Market Trends : The New SEctor SPDR Funds -- Ignore unavailable to you. Want to Upgrade?


To: pcyhuang who wrote (33)1/16/1999 6:00:00 AM
From: Mr. BSL  Read Replies (1) | Respond to of 122
 
pcyhuang, thanks a bunch for the performance update. I am particularly interested in the XLK performance vs. the NASDAQ 100. RYOCX (RYDEX N100 fund) has been a favorite core holding of mine. XLK is much more convenient of course. If they stay close in performance, I'll switch horses in this portion of my portfolio.

In my SPDR portfolio, I'm in XLK,XLF,XLY & XLE with plans to switch out of XLF into either XLU,XLB or XLV if the current rally does not decisively make new highs in the major indexes.

With bullish sentiment at a 6 year high and the S&P500 multiple at an all time high, we are certainly in line for a correction. In the meantime, there are still profits to be squeezed out of XLF.

Best Regards, Dick