Jump to content



Photo

Does utilities really lead the market?


  • Please log in to reply
12 replies to this topic

#11 Gary Smith

Gary Smith

    Member

  • Traders-Talk User
  • 887 posts

Posted 04 January 2007 - 07:43 PM

Yes, the utilities really have led and we have discussed this phenomenon here (on both the upside and downside) in the past and going as far back as November 1972. But it's the lags that can get you as they have ranged to as much as 6 to 8 months before the rest of the market turned tail. I've seen numerous premature top calls on the Utes over the past few years. Fosback's best technical indicator was the Utilility Divergence Index but don't know of anyone who still follows it. Had something to do with 20 week change in the Dow Utilities minus the 20 week change in the Dow.

#12 vitaminm

vitaminm

    Member

  • Traders-Talk User
  • 6,701 posts

Posted 04 January 2007 - 09:57 PM

Sector Rotation Model

http://stockcharts.c.../SPSectors.html

http://finance.yahoo... ^DJU...0&a=&c=
vitaminm

#13 A-ha

A-ha

    Member

  • Traders-Talk User
  • 5,875 posts

Posted 05 January 2007 - 12:49 AM

Posted Image