Another sign of a bottom ?

Discussion in 'Technical Analysis' started by serg007, May 17, 2005.

  1. serg007


    I find this ratio of semiconductor stocks to oil service stocks very useful for the long-term market projections and asset allocation purposes. Energy stocks outperformance is usually bad for the broad market, while the semis outperformance just the opposite.
    Hence, the SOX/OSX ratio may provide some information about the market, which otherwise would stay under the surface. [/B][/QUOTE]