Replies to post #35097 on ajtj99's Market Pulse

[richard sievers]

justa,

http://finance.yahoo.com/q/bc?t=3m&s=%5EIXIC&l=on&z=m&q=l&c=&c=%5EGSPC&c...

have you noticed how the Nasdaq is following a pattern similiar to the rebound low in October '02?

the nasdaq is "recovering" faster and showing signs of recovery faster than the other indexes...

if we look back at this, I bet that we will see that QQQ is increasing in % far faster than than SPY and the nasdaq will be the best % increase looking in the rear view mirror.

rich

[Justa Werkenstiff]

Market: I would expect to see a close below SPX 1100 this week. SOX is oversold approaching a buy and a close on the low would solidify that view. Dow a little behind. SPX more so behind. Yet I think I see more post opex /squaring trading than anything in the NAZ and NDX but its strength has to be noted.