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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (68351)	8/18/2002 10:25:19 AM
From: bbgold	Read Replies (1) \| Respond to of 208838

'tech and the Nasdaq led, not this time'?? Hi Dale, I have been following the Dow and Nasdaq this last week fairly closely and every day it has been the Nasdaq that has been First to move Up. I think that it is the Nasdaq that is pulling the Dow and S&P Up here. Here are some intraday charts indexpulse.com Up until Wednesday both markets had been moving fairly close to each other. If you click on the 5 day chart you will also get a 10 day chart. I too am Anticipating that this Rally will crap out. Looking at the 10 day chart though we are showing a bit of an Uptrend being established. As always the question is "Will it Last?". After options expiration has been where the Nasdaq has turned back down the last 6 months. This week should give us an indication if this reversal is Real. Take Care Dale! Sincerely, Bob :^)