edit-a/d line took off in 2000 due to interest-rate senstive components (and inclusion..rather proliferation of other stuff) forecasting a slowdown and a drop in rates which happened some 9-10 mths later (not so with stocks only a/d)..dunno..i saw the proof in an article some time back.
Of course, now it is a different story (or has been i should say for about over a year).
Rates may go up but not necessarily inflation driven..will see.
The buck sure did not go up w all else (..ah but past is past..u think this SPX stops at the 38 % retrace give or take few pts?)
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