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Re: [RT] divergence



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In fact, the NDX low was 10/8/02 while everything else bottomed on 
10/10/02.


--- In realtraders@xxxxxxxxxxxxxxx, "Essan Soobratty" <trader@xxxx> 
wrote:
> It actually happens more often than you would think.  Using NDX as 
a proxy
> for COMPQ I did a quick scan for all occurrences of DOW and SPX 
both up with
> NDX down.   It's happened twice so far this year: Jan 3rd and 7th.  
In
> December it happened on the 2nd and 12th.  Going back to 10/1/85 it 
has
> happened 387 times including today.
> 
> I haven't done an overlay of the dates vs prices so I don't know if 
it will
> show anything interesting to the eyeballs.  My hunch is that it 
will be
> inconclusive (i.e. I wouldn't expect to see much predictive value).
> Certainly from a stat arb perspective it has zero significance.
> 
> Let me know if you need the XL file with the scan results.
> 
> Hope this helps.
> 
> Essan.
> 
> ----- Original Message -----
> From: "Kent Rollins" <kentr@xxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Thursday, February 06, 2003 6:31 PM
> Subject: [RT] divergence
> 
> 
> >       Dow Jones -55.88 7929.30
> >       NASDAQ +0.23 1301.73
> >       S&P500 -5.44 838.15
> >
> >
> > NASDAQ up with DJIA and S&P500 down?  When is the last time that 
happened?
> >
> > Kent
> >
> >
> >
> > To unsubscribe from this group, send an email to:
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> >
> >
> >
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> >
> >


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