Quote from Lawrence Chan:
Most of the major tops are formed when all 3 big indices - DJ, SPX, NDX are moving in sync. That means, they are making new highs at the same time, etc.
I would have to agree. That is if you feel compelled to trade every juke by all means take a position when the indices are not synced. But typically the easier money is made when all cylinders are firing in the same direction.