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 : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (14510)4/16/2001 2:57:32 PM
From: ajtj99  Read Replies (1) | Respond to of 30051
 
I see your point, Zeev, as at this time last year I believe the top 10 Naz caps accounted for around 40% of the total Naz cap. It's around half of that now, I believe.

The charts seem to indicate (by my novice readings) firm resistance of around 1840 on the NDX and 45-1/2 to 46 on the QQQ.

If they can reach resistance, it would help put the Naz in line with the turnips' prediction. However, that would indicate the NDX and the COMP would have to rise in unison this week.