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S&P 500
5,483.86
(
0.96%
)
US TECH 100
19,457.60
(
1.51%
)
Dow Jones
38,809.98
(
0.57%
)
Brent Oil
83.78
(
2.01%
)
Bitcoin
66,998.95
(
0.54%
)
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techcharter

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techcharter

Re: frankp3 post# 4306

Friday, 10/22/2004 1:58:08 PM

Friday, October 22, 2004 1:58:08 PM

Post# of 51800
Frank: DOW, NAZ

It sure looks that way. It's about time the market rolled over. Really, how many times does it take before a stock or market makes lower lows and lower highs before investors stop their buys?

For the last two weeks teh NAZ and Treasuries have been strong. This is a polarization of risk. Both groups of investors can't be right. Now that the NAZ is down much sharper today relative to bonds and the DOW, it's a strong signal that investors are becoming risk averse.
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