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[realtraders] SPDR and sectors {01}



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Rts,

Recently the SPY made new highs and we might be now facing a retracement.
What is amazing is that if you compare all the AMEX-traded, SPDR sectors
only Technology is close to its top. Not even the Energy sector, despite
bullish oil prices.
How can technology *alone* support the whole market?

Alberto Torchio
 Torino, Italy