my first thoughts are it would be a mistake to draw direct comparisons with the xjo believing beta across all other indexes is 1 when it’s really not. The weighting of companies on the index is what I look out for, hence why recently the ndx presented the best shorting opportunity in terms of an index.
Not to worry though as in sure the bears are right around the corner for the xjo bulls. I’ll begin to position for that today after I close the rest of my ndx short and see if I can ride a double gravy train. Seems less risky than chasing insividual stocks in this current climate.
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