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[RT] R: Trading the S&P in todays markets



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<DIV><FONT color=#000000 size=4>Anyone trading Fx. on the list? Be nice to 
exchange some charts.</FONT></DIV>
<DIV><FONT color=#000000 size=4></FONT><FONT size=4>Regards,</FONT></DIV>
<DIV><FONT size=4>Gram.</FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>-----Messaggio originale-----</B><BR><B>Da: 
    </B>wallst &lt;<A 
    href="mailto:wallst@xxxxxxxx";>wallst@xxxxxxxx</A>&gt;<BR><B>A: </B><A 
    href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx</A> 
    &lt;<A 
    href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx</A>&gt;<BR><B>Data: 
    </B>26/02/2000 18:40<BR><B>Oggetto: </B>[RT] Trading the S&amp;P in todays 
    markets<BR><BR></DIV></FONT>
    <DIV><FONT size=2>To All RT's</FONT></DIV>
    <DIV>&nbsp;</DIV>
    <DIV><FONT size=2>Im just curious,&nbsp; Are any of you that are trading the 
    S&amp;P's finding it more difficult trading the S&amp;P's in todays 
    markets?&nbsp; From the start of the year I have been finding it a lot more 
    difficult to make money consistantly on a daily Basis.&nbsp; Im just curious 
    if its just me or is everyone finding this to be the case... 
    Thanks</FONT></DIV>
    <DIV>&nbsp;</DIV>
    <DIV><FONT size=2>Troy</FONT></DIV>
    <DIV><FONT size=2>wallst@xxxxxxxx</FONT></DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Sun Feb 27 16:30:35 2000
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From: Dennis Holverstott <dennis@xxxxxxxxxx>
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Status:   

> Everyone speaks about the Dow / Nasdaq divergence but the true divergence 
> has been the S&P / Dow divergence.

Same divergence. Many of the biggest stocks in the S&P trade on Nasdaq.
So, if the Dow goes down and the NDX goes up, the S&P will be somewhere
in between. 

> There was a time when one S&P point  equalled 6 to 8 Dow points. That > will return and you will know the situation is normalized.

Not really. They will just change the stocks in the Dow to "normalize"
things. They already added MSFT and INTC to the chagrin of some NYSE
members and they are talking about doing some more of that because the
Dow isn't an "accurate reflection" of the economy.

This tech thing may be a bubble or it may really be a fundamental
change. Art Cashin on CNBC compared it to the railroad stocks in the
1800s. They went from being insignificant to dominating the market and
it lasted for many years.

-- 
  Dennis