Replies to post #7830 on Profunds index and sector trading (PRO)

[Z-M-L]

The fact that the NASDAQ and NDX are breaking down ahead of the DJIA and SPX is nothing new. In 2002 the NASDAQ peaked in January and the DJIA and SPX did not peak until March of 2002. This just might be Deja-vu all over again. We will know very soon, if this is just a correction or the start of something more serious. IMHO.