SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: timers who wrote (37114)12/4/2000 7:58:41 AM
From: Trading Machine  Respond to of 42787
 
Tabler, the S&P moved lock step with the NDZ either in an up or down move.

The point here is that when one or the other sets a local high OR low the other is very likely to follow. At least it is my point of view that with 17 events occurring over the last year the next event may not be the same but it will have to prove it to me that this will not happen instead of me doubting that it will happen.

So if one can detect a bottom on the NDX it is my view that the same will be true for the S&P, and vice versa.

I am just suggesting that this may be of some help in determining "the bottom" because if it is very apparent on one index it may, and probably will be true for the other.

This could also be potentially helpful if a person is playing a NDX stock and sees a rally on the S&P......

CU

Paul Kellam