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Strategies & Market Trends : Tech Stock Options

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To: HairBall who wrote (58189)12/1/1998 2:53:00 PM
From: donald sew  Read Replies (2) of 58727
 
LG,

Getting back to your question on the divergence in the NYSE and NAZ TICK, I just noticed the following:

NDX = up 2.64% today
NAZ = up 1.21% today
RUT = down .26% today

Its the big NAZ stocks which are moving up. The RUT has alot of their issues in the NAZ, and the RUT is down. So Im concluding that the runup today in the NAZ is mainly the normal big NAZ stocks. Not a broadbased rally in the NAZ.

Seeya
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