YEEHAW CANDIDATES Message Board

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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Galirayo who wrote (18133)	5/23/2006 4:42:08 PM
From: Jibacoa	Read Replies (1) of 23958

Ray, The NAZ gave me a sell signal on May 8 when the 2nd rally attempt was cut short (first attempt ended on Apr.27) That was confirmed by the DOW on May 10 & since I was due to be out of town for the second half of the month, I decided to take profits on most of the substantial gains since January.<g> Today's "rally" ended at 1.55PM & the attempt to stop the drop at 3PM was good for only 20 minutes. The NAZ closed almost at yesterday's intraday L but the DOW was more than 50 points above yesterday's L. (Of course the DOW has been outperforming the NAZ since mid-April, but both remain on a near term downtrend) finance.yahoo.com However, from a longer term perspective (30 years ) the NAZ is still ahead of the DOW <g> finance.yahoo.com

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