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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,856.00
(
0.05%
)
Dow Jones
39,375.87
(
0.00%
)
Brent Oil
85.72
(
-0.91%
)
Bitcoin
57,139.19
(
2.31%
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S Chun-Li

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S Chun-Li

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Re: Zeev Hed post# 121120

Thursday, 06/19/2003 2:50:04 AM

Thursday, June 19, 2003 2:50:04 AM

Post# of 704019
I think BPCOMP is a better indicator than BPNDX due to the principle of "junk flies at the top"

I'm not syaing that NDX doesn't contain any junk <g> but the comp has hundreds if not thousands of tiny cap companies whereas NDX is almost all large cap

The flying junk brings BPCOMP to high levels but once the small cap rally has stalled, look out below - and BPCOMP is oftent he first to spot it
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