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Re: FinancialAdvisor post# 7038

Wednesday, 04/20/2005 4:06:18 PM

Wednesday, April 20, 2005 4:06:18 PM

Post# of 25966
Hey FA, you know what would be a trip

If the classic spx and dow diverged, i mean really diverged form the tech heavy's
You know something chaotic will happen then lol

Not expecting it, just a funny scenerio

The charts are interesting though
The techs have gone straight down since january
But the dow and spx have made waves. Even made higher highs(bull traps)

The techs would "appear" to be forming "island bottoms"
A sharp move down tomorrow should kill that though.
We'll see what google has to say about it ;o) lol

All 4 are still around the 500ma range, expect for the spx which is still far from it

Only IMO, but it'd look like the classic spx and dow may have more downside, while the techs could be bottomed now

Techs leading? I think so
We'll see if it's leading a bear or another bull bounce

Anyways, i'm off to celebrate 4/20
My religous holiday ;o)~~~



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