Edited by ogm, 25 September 2007 - 02:30 PM.
Hmm... Transports one of the best sectors today.
Started by
ogm
, Sep 25 2007 02:29 PM
4 replies to this topic
#1
Posted 25 September 2007 - 02:29 PM
And NDX hit new 52 week high.
#2
Posted 25 September 2007 - 02:37 PM
But the COMP still has 25 points to go
More lows than highs in the COMP. After this long of a rally, what is up with that?
#3
Posted 25 September 2007 - 02:46 PM
Compx A/D was horrible for years. It hit new multi year low just a few days ago. And ComPX still doubled in price since 2003 lows.
#4
Posted 25 September 2007 - 05:40 PM
And NDX hit new 52 week high.
Gotta hand it to ya. You had been right all along and strong.
Big, big kudos.
You're right compx A/D had been trending down for several years.
Can't believe I missed the forest on this one.
#5
Posted 26 September 2007 - 12:05 AM
"You're right compx A/D had been trending down for several years."
It has been heading down since its inception. It is the secondary market with many "field of dreams" companies, many of which drift down and finally disappear... Chart:
http://stockcharts.com/c-sc/sc?s=$NAAD&p=M&st=1994-01-01&i=p71933214488&r=5881.png
NAUD is more relevant:
http://stockcharts.com/c-sc/sc?s=$NAUD&p=M&st=1994-01-01&i=p71933214488&r=9261.png
It has been heading down since its inception. It is the secondary market with many "field of dreams" companies, many of which drift down and finally disappear... Chart:
http://stockcharts.com/c-sc/sc?s=$NAAD&p=M&st=1994-01-01&i=p71933214488&r=5881.png
NAUD is more relevant:
http://stockcharts.com/c-sc/sc?s=$NAUD&p=M&st=1994-01-01&i=p71933214488&r=9261.png