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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (131685)4/5/2006 4:28:16 PM
From: Henry J Costanzo  Read Replies (3) of 209892
 
<<... a new SPX high without the RUT.....>>

FYI.....That first hit me as kinduva strange way of putting things, Shack..when SPX making a 5-year high, while RUT has been making all-time highs for long time now.....(new RUT highs without the SPX....??) LOL

<<..Leadership shifting to tech?..>>

We've certainly had some days lately where that seems likely..but don't believe that case can be made......yet....Today was another day when techs far outstripped non-tech....on a one-day basis....everything from the semi complex, to MSH, NWX, and GSO......and NDX especially.......Bears watching......

Haven't posted any relevant ratio charts in ages..can't right now, but maybe tonight....
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