Posted by billrosen on 30th of Jun 2009 at 11:45 am
it has been very weird lately I noted that same observation last
week, SRS was rising with the market during part of a trading day,
althought not the whole day...
My previous post about SRS leading was from June 15, so SRS has
been leading for at least 2 weeks. Watch the last 30
minutes of the day for SRS, and watch how SPX inversely follows
it. If SRS breaks down first, then SPX will break up.
Looks like homebuilders, REITS, and real estate are some of
the mkt leaders now. Finance and banks seem to
be off cue, like maybe in a totally different ball game in a
different ball field. At least that has been my
observation.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Title: srs I suspect some type
Posted by alseq on 30th of Jun 2009 at 11:30 am
I suspect some type of window dressing 30th june going on on the real estate sector in particular....and the srs indirectly...
SRS
Posted by rgoodwin on 30th of Jun 2009 at 11:36 am
Something going on - it's following the market.
it has been very weird
Posted by billrosen on 30th of Jun 2009 at 11:45 am
it has been very weird lately I noted that same observation last week, SRS was rising with the market during part of a trading day, althought not the whole day...
SRS
Posted by andreac on 30th of Jun 2009 at 11:51 am
My previous post about SRS leading was from June 15, so SRS has been leading for at least 2 weeks. Watch the last 30 minutes of the day for SRS, and watch how SPX inversely follows it. If SRS breaks down first, then SPX will break up. Looks like homebuilders, REITS, and real estate are some of the mkt leaders now. Finance and banks seem to be off cue, like maybe in a totally different ball game in a different ball field. At least that has been my observation.