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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (15399)11/17/2002 8:04:36 PM
From: ajtj99  Read Replies (2) | Respond to of 30712
 
Larry, normally the NDX leads the COMP, whether it's up or down. When the NDX made new lower lows, it was a signal that the COMP would also soon make lower lows.

When the NDX failed to make a higher high in January of this year, it was a signal of weakness in the techs and an early warning of the coming decline, IMO.

The NDX has made a higher high this month. I believe the COMP will take out the August highs to bring these indices into synch again.


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