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In a message dated 7/12/99 5:39:02 AM Pacific Daylight Time,
cerrone@xxxxxxxxxxx writes:
> Been working on this same concept for the past 3 months. If
> anyone has done any type of extensive research on this subject
> It would be most appreciated if you could post some info.
>
> Does the SPX give more of a true indication of the direction of the
> SP? Without false movements created by the Pit.
>
> Does the SPX move first or does it follow the SP?
>
> Does anyone trade the SP using signals generated by the SPX?
Today's open is a perfect example of the problem: Buy the open in the SPX and
you are up 2 points in 10 minutes. Buy the open in the SPU and you are down
over 2 points in 10 minutes. This is a very mild example.
Thanks,
Bill Wynne
SmartTrades.com
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