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


To: pcyhuang who wrote (48)1/24/1999 1:34:00 PM
From: Mr. BSL  Read Replies (1) | Respond to of 122
 
pcyhaung, I like your model for flat and down markets. My only concern would be in overall up markets. BTW, XLK is 7 1/2% off of it's intraday high last Wednesday, be careful here. Also it's P&F chart is now in a column of O's. XLU has the strongest RS since the market high of Jan 11. IMHO XLY looks solid and keeps chugging along. XLV is volatile lately but the underlying stocks have great charts. XLE is building a base with its price range essentially between 22 1/2 and 23 the last seven trading days.

I'll give your model a test drive on paper.

Keep the ideas coming! Dick



To: pcyhuang who wrote (48)2/11/1999 7:39:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 122
 
For a trading model it looks fairly good, however over the longer
period of time MDY is better for the short side than DIA is.
While It's not always the better short, if the model is just
a guide line, then I think MDY should be considered the key
short.
Jim
quicken.excite.com