Zeev's Turnips - No Politics Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Zeev's Turnips - No Politics

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ajtj99 who wrote (33767)	2/26/2002 8:46:46 PM
From: exp	Read Replies (1) of 99280

Ajtj, I think Larry D may be influenced by looking at Wilshire 5000 which is showing a move up from its recent triple bottom. That doesn't really help NDX/COMP of course but Larry D may be thinking that NDX/COMP will follow soon. MORE interestingly, have you noticed that DOW/SPX put in bottoms BEFORE COMP/NDX both in April and in Sept 2001. SPX had a lower low in March than in April 2001 and even in Sept 2001 SPX had a single bottom on 9/21 while NDX had a DOUBLE bottom 1 week apart. This may be USEFUL as it means that SPX/DOW may be a leading indicator for COMP/NDX. It also explains difficulties Zeev has with calling bottoms as there is this divergence so that DOW bottom does not coincide with NDX bottom. Your thoughts?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next