Longer-Term Market Trends Message Board

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Strategies & Market Trends : Longer-Term Market Trends

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To: AllansAlias who wrote (2187)	5/16/2009 3:01:56 PM
From: John Madarasz	of 3209

You said a mouthful bro... Longterm bullish % indices back at nosebleed overbought levels with the exception of the singularly lagging INDU. imo there will be a major rebalancing of the DJ30 as majors like GM, AXP, BAC and a couple other go away ... that's another story but it's my theory why this index isn't being bought as hard... Seasonality models and important stuff like carolan's solunar model rolling over in the IT frames also... Hope all is well ;~) seasonalcharts.com

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