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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Walkingshadow who wrote (3897)1/15/2005 8:48:24 AM
From: Vendit™  Read Replies (2) of 8752
 
Terry,

I just did a comparative look at all of the major indexes including the DOW, NASDAQ, RUSSELL 1000, 2000, 3000, Biotech, Gold and SEMI Conductor. All show the same chart that the QQQQ does….they are falling off recent tops and looks like are going into short mode for about two months of correction period.

139.142.147.218

139.142.147.218

I found one sector that looks like it is coming out of a correction and good to play long:

The CBOE Oil Index

139.142.147.218

Reid
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