Tech vs Financials Update

Prior XLK posts all look at ratios.

XLK to SPY ratio is less convinnving as a top, but there's so much tech in the top-10 holdings now that I don't think the ratio can go as high as in 2000 when GE, Pfizer, Exxon, Citigroup, Merck, Wal-Mart and (drumroll) AIG were in the top 10.