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

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To: Steve Lee who started this subject3/8/2002 2:47:13 PM
From: Justa Werkenstiff  Read Replies (2) of 99280
 
All BP charts show major topping going on here. BPINDU and BPSPX showing more strength than at the top in January but still not quite at new highs price wise yet. BYNYA showing more strength than in prior rally and posting new highs. BPCOMP and BPNDX still on upswing but not as strong relatively speaking compared to prior rally with Sox the notable exception. Suggests this is rotational rally up until now with topping stronger on the broader averages than in January and with tech. tagging along with the exception of the Sox. BTK is out; chips are in <g>.
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