Right.....and what happens when the OEX:SPX ratio turns up. <A HREF="http://stockcharts.com/h-sc/ui?s=$SPX&p=M&st=1987-01-01&en=2008-12-31&id=p87682878447&a=68755843" target="_blank">http://stockcharts.com/h-sc/ui?s=$SPX&p=M&st=1987-01-01&en=2008-12-31&id=p8768287844...</A>