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Re: Justa Werkenstiff post# 35040

Friday, 10/15/2004 7:21:07 AM

Friday, October 15, 2004 7:21:07 AM

Post# of 148479
Market: With any down today, buys will be triggered on the SPX, WLSH, NYA, RUT. A close lower near or at the lows would solidify these but they can bounce here at anytime. However, the same cannot be said of the NDX, COMPQ and SOX which are lagging. The NDX is really lagging probably do to opex. One would expect with this type of decline that the averages would line up with one another but this is opex. All things being equal, the NDX and COMPQ and SOX should catch up with the other averages (underperform today) but this is opex. Did I say this is opex <g>?

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