The Naz has not shown such a high exuberance as the NYSE has, so I am not sure about a new low, I'll have to see how the decline I expect evolve, particularly important will be the fight at 1220 to 1230, right now, I am still just in my bear suit (namely no new lows for the Naz). The fact that the Dow stocks have not developed any leadership is very worrisome.
Zeev