News Focus
News Focus
icon url

FinancialAdvisor

05/12/05 4:02 PM

#7799 RE: FinancialAdvisor #7791

***Broader market - Interesting is that since yesterday, it's almost as if the S&P 500 and Dow are leading the Q's and the Nasdaq, my thinking is that this is so because the S&P 500/Dow are weighted with oil names, whereas the Nasdaq is not, so this may be a relationship to watch now with oil declining, I suspect that this relationship may continue until oil or oil stocks find a bottom and then the usual historical relationship of the Q's/Nasdaq Composite leading will continue...

Everyone have a good evening...

Adios.