ajtj99's Market Pulse

[Math Junkie]

NDX low 1356 so far. Meanwhile, SPX has gone well below Monday's low. HFTM suggests that COMP and NDX should do the same.

http://bigcharts.marketwatch.com/intchart/frames/frames.asp?symb=spx&time=18&freq=9&type....

Incidentally, when I was looking at the difference between the SPX and NASDAQ charts this morning, it occurred to me that part of the reason might be that SPX might be harder to manipulate. I think it represents something like 80% of the U.S. market capitalization. I'm not sure of that number, but I know it was some high percentage like that.

In edit, well that prediction didn't take long to come true! I wonder if I had even finished the first draft by the time the Naz indices broke down? Maybe I should start a thread. <g>