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Wednesday, 09/08/2004 8:18:03 AM

Wednesday, September 08, 2004 8:18:03 AM

Post# of 51800
FTSE testing 52 week highs

The FTSE is about 45 points from making a new 52 week high. The CAC, DAX, DOW, NASDAQ, and SPX are struggling to keep up with the FTSE. Take this as a bearish nonconfirmation, much like the relationship between the DOW Industrials and the Dow Transports. Get ready to short any of the world market laggards.

http://stockcharts.com/def/servlet/SC.web?c=$FTSE,uu[w,a]dacayyay[dd][pb50!d20,2!f][vc60][iLp14,3,3!...

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