Replies to post #116982 on ajtj99's Market Pulse

[ajtj99]

There are lots of other sectors that could elevate the Nasdaq if some of the techs flat-line here over the next month. I recall in 2003-2004 the regional banks had a big part in lifting the Nasdaq.

The big cap techs are the largest component, but you've also got bios, CMCSK, transports, and energy components that could compensate for a little tech weakness.

Speaking of AAPL, it looks like it has the mother of all H&S tops. The target is about $10, although the more likely result will be a drop to $50