Re: [RT] sp500

["EarlA" <earl.a@xxxxxxxxxx>]

Techs are the weakest of the lot of ETF sectors so it is quite possible 
that they will not manage to make new highs should the majority of the sectors 
do so in the next week or two. One might consider long SP500 and short 
ND100 for a rally trade with trailing stop on SP500 to leg out on break of 
support.
 
Earl
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  ----- Original Message ----- 
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  <A title=profitok@xxxxxxxxxxxxx 
  href="">profitok 
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
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  Cc: <A title=astrofin@xxxxxxxxxxxxxxx 
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  Sent: Friday, June 18, 2004 9:56 AM
  Subject: Re: [RT] sp500
  
  hello
  I have attached a chart of the sox  
  index
  until the  trend line is broken to the 
  upside, we are still in a down trend
  (most times sox lead to up or down)
  <BLOCKQUOTE dir=ltr 
  >
    ----- Original Message ----- 
    <DIV 
    >From: 
    EarlA 
    To: <A 
    title=realtraders@xxxxxxxxxxxxxxx 
    href="">realtraders@xxxxxxxxxxxxxxx 
    
    Sent: Friday, June 18, 2004 10:06 
    AM
    Subject: Re: [RT] sp500
    
    Attached weekly chart of the S&P ETF sector funds shows 
    consolidation and upside bias with little evidence of weakness in the broad 
    market. These suggest another push higher before we see evidence of broad 
    weakness and a shortable market.
     
    Earl
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      ----- Original Message ----- 
      <DIV 
      >From: 
      <A title=profitok@xxxxxxxxxxxxx 
      href="">profitok 
      To: <A 
      title=realtraders@xxxxxxxxxxxxxxx 
      href="">realtraders@xxxxxxxxxxxxxxx 
      
      Cc: <A title=ntt-list@xxxxxxxxxxxxxxx 
      href="">ntt-list@xxxxxxxxxxxxxxx 
      Sent: Thursday, June 17, 2004 11:17 
      PM
      Subject: [RT] sp500
      
      most likely trend down will 
      continue
      a real break down in trend line on sox 
      index
      <FONT face=Arial 
  size=2>Ben







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