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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TI2, TechInvestorToo who wrote (11086)8/20/2003 10:10:56 PM
From: Return to Sender  Respond to of 95640
 
I just put together a couple of eye openers over at iHub that provide further evidence of just how overbought this market probably is on a historical basis:

BPNDX/VIX - Bullish Percent divided by Fear Gauges: All time record hit in June:

investorshub.com

NASDAQ vs. NASDAQ New Highs - Bollinger Bands may show potential turning points. 3 Year Charts of the number of stocks trading above 200-day moving average. At over 90% for 2 ½ months this appears to be a new record:

investorshub.com

Les Horowitz has the SOX uptrend strength at 100 tonight. It cannot get any stronger than that.

RtS