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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: XenaLives who wrote (59503)5/1/2002 2:11:58 PM
From: LTK007  Read Replies (2) of 99280
 
Paula been flippng back and forth on BTK and NASI 3-year weekly, and they are NOT the same.
There have definitely priods in time where BTK performed better.
But not since 9/11. NASI has been more volatile in it's swings but overall is stronger,the BTK has lacked vigor and is just looking terrible. The only good thing i can say, one would hope this does not get worse from your point of view as it is oversold.
But to be honest, into the summer i don't know where a catalyst is coming from, so the chance it will breakdown at some point at 400 is simply there.
i would watch the RSI on the weekly, it must break above 50 to feel good again about this.Max
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