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Strategies & Market Trends : Technical Analysis With Charts

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From: MACD X	12/31/2006 5:46:48 AM
	of 6865

Compostie volume opposite of the QQQQ volume stockcharts.com In the last post I wrote that the QQQQ appears to have put in a better bottom in 2006 than in 2002. On this chart the composite doesnt show the same thing and in fact shows the opposite. What does this mean? Well probably that this current rally is large cap in nature as the 2002 bottom was a small cap version. None the less a significant bottom was put in on the 2006 bottom and I am leaning toward revising the 2007 predictions somewhat before the end of the year. Stay tuned for the offical 2007 prediction.

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