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RtSYour comments allow me to bring up an

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TREND1 Member Level  Wednesday, 02/23/05 12:35:16 PM
Re: ReturntoSender post# 14
Post # of 44 
RtS
Your comments allow me to bring up an important point.
(1) SMH is going sideways to down.
(2) XLU and XLE are strongly trending Up.
(3) So one can not wait for XLE and XLU as one can wait
for SMH. IMHO.

(4) SMH and (XLU,XLE) are two different types of movements.
(5) Therefore SMH and (XLU,XLE) have to be treated differently when looking at the same indicators.
(6)Other wise you will never get into XLU and XLE. IMHO.


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