We in deep doo doo, look at AXP and the move out of top of it's rising wedge (parabolic ending move) and draw down into the wedge.
the street phools have been phooled by this bear market rally in banks and brokers.
it had me too.
Don't tell me about the ndx parabolic exhaustion.
everything is diverging from nasdaq, XCI, majors nutz aol, cmgi, ebay, yahoo, amzn.
look at dot, iix all making new highs without the leaders, nasdaq making new highs sans softie, intc , worldcom.
the small money is pushing these new highs, not the big money.
bb |
