I want to talk some roation

So....

Yesterday...

Mining was down -7.28% (-4.93% relative to the spx)

I'll give the rest in relative value to the spx

Real Estate, was down -2.36%

Emerging markets -1.37%

Transports -1.95%

Materials -1.12%

The interesting thing is that

The things that outperformed were

The cyclicals
Tech and Consumer Discr... were the least bad....

What I'm trying to point out is that they piled out of materials and into the old Tech trade.

Not that anyone should do the same... I just wanted to point out, what they were trying to move into.... and maybe if you are daytrading.... in the next few days as a day trader... those things with bounces are the things likely to be pounded on again...

The cyclicals were down big on Friday... More than Materials....When I start showing rotation... this is different than "Regular Rotation".... This one is since the Banks hit their high, and materials started outperforming.... but...
Look how Weak Gold has been...

This is more a "Live and moving sector rotation.".... and making the foolish assumption that we have topped...
it would be the rotations through the top... and not the moves After the top...