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hightecheast

09/25/05 4:43 PM

#426525 RE: osprey #426518

*** SOX outperforming financials could be the key to the beginning of the next significant slump in US equities ***

The COMPQ may not lead equities down the next time. The real key may be the COMPQ and SOX outperforming the SPX, INDU and NYA.

The XLF:SOX is one ratio I will be watching.

Ken Wilson


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Gizmo

09/25/05 9:05 PM

#426542 RE: osprey #426518

Oil down could be seen as the Oil traders pricing in a slowing of demand. i.e. worldwide slowdown.

We'll have to wait and see if the equity markets see it that way.