Short Term Trading Member Forum

[BlissBull]

aire - I don't even watch the DJIA, much less the NDX (except to check for "divergence" to pinpoint reversals intraday). As far as I'm concerned, the SPX is the only "index" worth watching. Other than that, I watch a few key stocks (mostly oils) because I know those "narrow based indexes" are too misleading. I always laugh when I read something like "82% of today's decline in the Dow was caused by the drop in IBM"

As far as the Nazdaq is concerned, this is all I care about...

http://trending123.com/_nahl__.htm

plus the CBOE put/call ratios, and the NYSE TICK and TRIN

http://www.cboe.com/data/IntraDayVol.aspx

http://www.marketswing.com/realtime.htm

I also care what you and the other "cycle guys" think and I keep a finger on the pulse of the major Bradley turn dates.