Sector Investing

[gtober]

RTS, were you watching the internal indicators yesterday? I was shocked to see the way they went down on anotherwise up or even day on the broad markets.

While the $BPCOMPQ continues down, and is now below 50, we have breakdowns in the $NAHL and the $NYHL and the $NASI and $NYSI recorded steep drops. The $NAMO and $NYMO are pretty low, so there would seem to be a bounce in the offing there, but I was struck by the weakness displayed yesterday and I am wondering if trouble is brewing.