Collective IQ Traders Group

[opnion]

Well I doubt many will be able to see the posts over here so our general thoughts might be safe. Probably will post some to you on Zeevs as well. I might make keeping Maine off politics an obsession. g Anyway here is a thought to throw out and if correct the end of this bounce is in sight. Have a look at the $nysi and overhead resistance that seems to be in the 280-420 area. Of course if it goes up to the 800 ish area it would be decision time for the bulls.

http://stockcharts.com/webcgi/Pnf.asp?S=$nysi&Y=U&B=140&N=A&C=2

Nasi is more pronounced to me and could run up to maybe -140 to 0 so far not much of a rally in the $compq for all the fuel spent. To me Intc at 29-30 is a huge caution sign for the naz.

http://stockcharts.com/webcgi/Pnf.asp?S=$Nasi&Y=U&B=140&N=A&C=2