InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,466.66
(
0.34%
)
US TECH 100
19,150.80
(
1.01%
)
Dow Jones
39,156.49
(
-0.65%
)
Brent Oil
84.13
(
-1.34%
)
Bitcoin
61,883.95
(
2.69%
)
Post# of 51804
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

techcharter

Send PM Follow Ignore
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

techcharter

Re: Chuck703VA post# 3912

Friday, 10/01/2004 11:48:22 AM

Friday, October 01, 2004 11:48:22 AM

Post# of 51804
Diverging Waves

NASDAQ's rally today could be finishing a WYZ wave with a new high from August lows. The Dow has yet to break the highs off August lows. The selloff in bonds is relatively weak compared to the rally in Nasdaq.

Looks like a day of great shift in the risk spectrum. Bonds sold off, bluechips up moderately, Tech is wild. The set up is perfect for a sharp reversal in stocks.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up