Replies to post #3587 on ajtj99's Market Pulse

[ajtj99]

Les' scans on the TRIN tonight, and a similar one from Jan. 7:

http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=19091409

Jan 7 we closed at NDX 1071, dropped to 1040 the next day, and rose 3-days later to NDX 1104 for our high.

The high of 1104 was the Monday of options expiration in January, and we dumped 8% over the next 4-days to NDX 1017 into expiration Friday.

I anticipate a similar outcome.

The high in January was also an 8-day fib off the low. That timing puts us on track for a high on Friday.