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

To: Perspective who wrote (127805)	1/8/2006 5:04:40 AM
From: skinowski	Respond to of 209892

Markets in different parts of the world may not all be dancing to the same tune. Recall how NIKK was in a great Bear market for many years, while everyone else was having a huge party. SPX was cut just about in half back in 2000 - 02, and gave back about 62% of the entire advance since 1990. That's pretty big. And for the past 2 years, new highs kept occurring on declining momentum - and failing. (This current one looks fine for now, with Jan 3 low being an important support).