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To: Robohogs who wrote (23894)10/1/2016 11:39:53 PM
From: Les H  Read Replies (1) | Respond to of 29602
 
This market looks like it's being driven by QE. The same kind of static numbers were seen in 2009 or 2010. The markets would go down some but the same 100 or so stocks would keep making new highs even on down days, thus keeping the losses moderate. The index I'm watching now is the Utilities which can be a lead indicator for the Dow and S&P, just as the Biotech index often leads the Nasdaq and the market.


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