Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: ajtj99 who wrote (15430)	11/17/2002 9:57:45 PM
From: TREND1	Read Replies (2) \| Respond to of 30712

aj99 you wrote 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 answer: (1)I see no data to back up this idea of NDX leading nasdaq. (2)So I'll plot both indexes on the same chart. (3)It will be easy using closes. (4)Are closes OK ? (5) Or did you use Highs? Larry Dudash