Replies to post #3661 on T/A ETF AND INDEX

[POKERSAM]

Steve - Welcome to the board. Your first post. Yes, if there is anything you can do to tank this thing I wish you would do it. I actually think tomorrow is the day but it seems I have said that a lot in the past couple of weeks. When I know where it's going I can't wait for it to get there.

[Gizmo]

Steve, here's one of the things I'm watching for continued bearish confirmation.

Significance of the Ndx/Indu ratio is that it indicates investor willingness to take risk.

Notice that this weekly view has remained on a SAR sell and below the 20 SMA vitually since the top.

If Ndx begins to consistently outperform the safer Dow look out above IMO.