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Post# of 79025
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Gizmo

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Gizmo

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Re: CaribbeanJim post# 11806

Saturday, 11/12/2005 4:54:57 PM

Saturday, November 12, 2005 4:54:57 PM

Post# of 79025
Nothing bullish about narrowing breadth, that is a negative divergance. Yet, as in 99 some stocks can continue to rise as the majority do not or even fall.

The late cycle sectors of Energy and Utilities have given up their leadership role. Small caps have also lost their leadership.
http://stockcharts.com/def/servlet/SC.web?c=$rut:$spx,uu[w,a]dallyyay[dc][pd20,2!h.02,.20][vc60][iUb...

Looking to me like the cyclical top is very near.

Gizmo...


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