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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (12792)8/3/2002 6:52:25 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 17639
 
>>First off, I generally flat out ignore the BPINDU because it only has the 30 stocks of the Dow. I prefer the BPNYSE to give a better broad picture of the market<<

jorj, technically that is true, but i don't think you can ignore the BPINDU...the DOW is THE headline number.

if and when capitulation occurs, i believe it will be on the basis of the DOW.



To: Jorj X Mckie who wrote (12792)8/3/2002 9:06:55 PM
From: Nancy  Read Replies (1) | Respond to of 17639
 
thanks jorj.

ndx is vert close to 07/24 low while comp still has about 50 pt to go. i think both could break.

i dont see how btk can support ndx while sox is rolling over.