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 : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: The Freep who wrote (121201)	6/29/2005 12:33:02 AM
From: ajtj99	Respond to of 209892

The thing is, the NDX is dominant in trend direction. If the up trend is ending, the COMP will out-perform the NDX (remember 2001-2002 when the COMP hit a higher high in Jan 2002, but the NDX did not, not unlike our recent divergence). If the primary trend has shifted to down, the NDX will lead the COMP down. If the trend has changed from down to up, the NDX out-performs the COMP on the last legs of the down (not dropping as much) and gets out of the gate faster than the COMP. I've been watching this happen for 4-years, and it's present at all the major lows and highs I've seen from what I can recall.