
actio-et-reactio
Balance is but a brief transition between extremes.
My Pages
Trading Friends
News & Reference
Credits
Content: amg
Basis: glish & bluerobot
Powered by blogger
Web Host: lunarpages
Search
Archives
Sunday, February 10, 2002
Wither Next?
The SPX/NYSE continues to outperform the NDX/COMPQ. This is best seen on the Andrews pitchfork studies. Notice that while all the indices bounced, the COMPQ is working within a steep down-fork while the SPX has bounced off the larger Median Line. At worst a consolidation or perhaps even a modest rise this week, which is also Options Expiration and likely to be volatile. I [still] do not believe ollie-ollie-all-in-free has been called!
Labels: chart-analysis
At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows
recent comments