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I think I have to put my bear

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gym gravity   Tuesday, 11/10/09 04:16:36 PM
Re: Jamar_Grip post# 612
Post # of 641 
I think I have to put my bear hat on for a day or two if I want to be consistant for what I have been shouting, " the naz is leading the rest of the market" the naz was going up a day before the other indicies would shift and it would go down a day or two before the rest would shift bear.

naz has the deepest head and shoulders, dow punched new highs, s$p is somewhere in between. if the naz is leading, s&p are a few days or weeks behind and will follow down.

today the naz is red and the other two are green. so watch the naz form a nice shoulder as it hovers around 2155 or so and the "less tech" markets wait higher for "the signal".

when the naz doubles up in the opposite direction, the correction is over.


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