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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: Henry J Costanzo who wrote (125985)11/10/2005 5:12:58 PM
From: Win-Lose-Draw  Respond to of 209892
 
I'd have to take a close look at the recomposition, but going from memory a whole of tech was dumped in favor of retail(?). If that is correct, I think your suggestion has considerable merit. Adjusted for the number of listings, $COMP only needs about 3500 to "match" the alltime high.

Likely or not, I don't know, but it sure doesn't seem beyond the realm of possibility.



To: Henry J Costanzo who wrote (125985)11/11/2005 2:08:43 AM
From: Clappy  Read Replies (1) | Respond to of 209892
 
After a long time being range bound, this one looks to be breaking out.

stockcharts.com[g,a]daclyyay[de][pa12.5][vc60][J62564083,Y]&pref=G

Take it out a bit longer and you can see how it loves to stay in a channel.

stockcharts.com[g,a]daclyyay[d20020610,20051111][pa12.5][vc60][J62564083,Y]&pref=G

It just loves those big gaps...