NDX vs SPX
Started by
arbman
, Jul 10 2007 08:31 PM
3 replies to this topic
#1
Posted 10 July 2007 - 08:31 PM
Anyone who puts checks out the chart of this ratio can see that this is now becoming very noticeable
What do you guys think? The overvalued junk or the new tech leadership?
http://stockcharts.com/c-sc/sc?s=$NDX:$SPX&p=W&yr=3&mn=0&dy=0&i=p04141804429&r=37&.png
Thank you for your participation,
- kisa
What do you guys think? The overvalued junk or the new tech leadership?
http://stockcharts.com/c-sc/sc?s=$NDX:$SPX&p=W&yr=3&mn=0&dy=0&i=p04141804429&r=37&.png
Thank you for your participation,
- kisa
#2
Posted 10 July 2007 - 10:50 PM
Hi Kisa, thanks for the relevant poll. I voted for "The NDX will sell just as bad."Anyone who puts checks out the chart of this ratio can see that this is now becoming very noticeable
What do you guys think? The overvalued junk or the new tech leadership?
http://stockcharts.com/c-sc/sc?s=$NDX:$SPX&p=W&yr=3&mn=0&dy=0&i=p04141804429&r=37&.png
Thank you for your participation,
- kisa
Good luck on your trades.
Bob-C
Edited by Bob-C, 10 July 2007 - 10:50 PM.
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.
#3
Posted 11 July 2007 - 12:05 AM
I am thinking one of them will snap to the other one and which one!
#4
Posted 11 July 2007 - 01:42 AM
Earnings are the biggest catalyst for market direction.
The earning season has just started. We will know in 2 to 3 weeks.
Ofcourse, there always be exceptions to the trend. Apple is likely
to be strong due to I-phone.
Edited by pdx5, 11 July 2007 - 01:44 AM.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule