These Indices are about to rollover!!!

BlueStreek · Jan 4, 2007

http://stockcharts.com/h-sc/ui

here`s the weekly nasdaq versus the daily snapshot.

http://stockcharts.com/h-sc/ui

BlueStreek · Jan 4, 2007

http://stockcharts.com/h-sc/ui

and the qqqq`s weekly versus daily comparison.

http://stockcharts.com/h-sc/ui

HolyGrail · Jan 4, 2007

You're making a very bullish case BS. Were you trying to or do you believe these charts look bearish, because I sure don't think they do?

BlueStreek · Jan 4, 2007

ok.... it didn`t work.... the url is the same for both the daily and the weekly, would have to copy it in word and repaste----not happening tonight.

madrid9 · Jan 4, 2007

Holy grail with all due respect

I'll short every god damn uptick you can muster tomorrow

but hey I could be wrong (gotta keep humble

)

HolyGrail · Jan 4, 2007

The weekly looks better than the daily so no need to post them.

HolyGrail · Jan 4, 2007

Quote from madrid9:

Holy grail with all due respect

I'll short every god damn uptick you can muster tomorrow

but hey I could be wrong (gotta keep humble )

There is no question that we are due for a correction, but I don't think it's going to happen during the first trading week of the year. There is just too much liquidity with nowhere else to go.

mikesmithv · Jan 4, 2007

BlueStreek,

You can use http://tinyurl.com to solve your long URL problem. I gave them your long Yahoo URL and they made it look like this: http://tinyurl.com/y5crfo. (it's magic!)

atozcom · Jan 4, 2007

Quote from noddyboy:

I am kind of getting tired of posting bearish notes...this means the market is agreeing with me finally and I don't have to prove it any more.

..even a stopped clock is right twice per day. ...

BlueStreek · Jan 4, 2007

thanks a lot mikesmithy, what i was trying to point out is look at the divergence between the nasdaq/qqqq`s and the dow/snp for the last month; my assertion from the yahoo overlapping monthly chart is that the nasdaq/ qqq`s are not suddenly going to correct 'upwardly', the most likely scenario is that the snp/dow correct 'downwardly' to be in relative trading synch, as there is no way they will diverge further than this schism.