6 replies to this topic

[redfoliage2]

More stocks down on NYSE and even on NAZ:
--------------NYSE ------------------------ NASDAQ
Advances 1,469 (44%) --------------- 1,493 (48%)
Declines 1,757 (53%) --------------- 1,502 (48%)
Unchanged 114 (3%) --------------- 126 (4%)

It was definitely not a quality rally on the NASDAQ. The inflated index price, which is at the very top of the expanding triangle, could spell trouble near term.

Edited by redfoliage2, 05 July 2007 - 08:11 PM.

[arbman]

Same story with the new highs vs new lows, especially on nasdaq. I got several different readings from yahoo, stockcharts, marketvolume --they vary a bit too much. Not that it matters much since they are all bad, but the worst reading is reported by nasdaq itself after the close...

[da_cheif]

maybe u 2 werent listening....3100 is now a lock....as the 38.2 was penetrated today......

[redfoliage2]

maybe u 2 werent listening....3100 is now a lock....as the 38.2 was penetrated today......

Listen to whom? The hypsters?

Edited by redfoliage2, 05 July 2007 - 09:46 PM.

[Mr Dev]

Well well well everyone turn up their hearing aids,......Da Blow-hard is Back.

[da_cheif]

Well well well everyone turn up their hearing aids,......Da Blow-hard is Back.

dats no way to talk to anyone....specially kisa......

[denleo]

3100 is now a lock. By the way, this is only a 40% loss in 7.5 years. Not too bad. The pimple is shrinking. Buy and Hold. Where can I buy a contract or a share of Advance / Decline line? I want to get rich. Denleo