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Strategies & Market Trends : Trend View Index from Silicon Investor

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From: OldAIMGuy6/13/2006 12:23:22 PM
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June 12th data brings us yet another week of declining Trend View index numbers. Both the weighed and unweighted fell more this week. And, we also see that the NASDAQ and S&P500 both fell also.



So, the synchronization continues. A new benchmark low for the unweighted value came in this week at 233 but the weighted low is still unchanged at 359.

I'm rather impressed that there's still this many bulls around considering how heavily the markets have been sold off.

Best regards, Tom
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