AI
Thursday, October 10, 2002 6:11:56 PM
Hi TK, Even at 45 points a day on the NASDAQ, it's going to take quite a while to get back to 5000!!!
I'm putting the finishing touches on a study of the SPY vs the S&P 500's 10 sectors. Right now it looks like nearly a tie overall, but the details are where the interesting stuff is. AIMing the 10 sectors left more cash in reserve than AIMing the SPY itself.
Looks as though AIMing the SPY has us buy the "good" sectors along with the "bad." AIMing the components has us buy the ones that are in bad shape but has us take some profit in the good sectors. Hence there's better cash at the end of the sector's history. More later......
Best regards, Tom
I'm putting the finishing touches on a study of the SPY vs the S&P 500's 10 sectors. Right now it looks like nearly a tie overall, but the details are where the interesting stuff is. AIMing the 10 sectors left more cash in reserve than AIMing the SPY itself.
Looks as though AIMing the SPY has us buy the "good" sectors along with the "bad." AIMing the components has us buy the ones that are in bad shape but has us take some profit in the good sectors. Hence there's better cash at the end of the sector's history. More later......
Best regards, Tom
Port Washington, WI 53074
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