Let's have a look at the cash S&P 500 (SPX) to get the perspective of fund managers who closely track the S&P 500, which by the way is trading below its one 14-month trendline, and below its 200 daily moving average.  This is definitely adding stress to the equity management biz.

MJP 10/12/05

Mike Paulenoff is a 25-year veteran of the financial markets and author of MPTrader.com, a real-time diary of his E-mini S&P and QQQQ technical analysis and trading alerts. For more of Mike Paulenoff, sign up for a FREE 30-Day Trial to his E-Mini/Index Futures diary, or try his QQQ Trading Diary.