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Strategies & Market Trends : Classic TA Workplace
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To: Henry J Costanzo who wrote (131687)4/5/2006 5:37:55 PM
From: The Freep  Read Replies (1) of 209892
 
A bigger question might be "is the SPX more tech oriented than the RUT?" I don't even know that that's the case. It's certainly more big-cap oriented, so the conclusion I'd make is that the leadership is passing to big caps from small caps. Though again, it seems too soon to make that conclusions.

And of course, certain big caps like INTC don't seem to want that leadership mantle <G>

Nice on MRVL with the break of the downtrendline AND the Cramer push. Not related, no doubt!
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