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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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From: ajtj9912/11/2025 1:27:31 PM
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For any who are not familiar with the Happy Family Theory of Markets, it's pretty simple.

When a major index makes a new high or new low, the other major indexes will eventually follow.

Indexes included in the Happy Family include the SPX, OEX, DJIA, Nasdaq, NDX, and Wilshire 5000, which has about 3400 issues in it.

The NYA is ostensibly a member, but the ADR's can often make it more like a family member who's in juvi than a true Happy Family member.

The NDX can fail to make a new high or new low at important market turns, as it typically leads the other indexes.
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