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Gizmo

11/05/05 5:30 PM

#32000 RE: was Steve #31998

Charts



Notice the BB width on the Comp weekly? It's gonna push one of those bands. I think we're going to the top band, the question is does the resistance of the rising tops hold again and reverse the trend?







Ndx/Indu. After a period of consolidation the ratio is pushing the upper band and moving towards a new range. The significance of this ratio is that it measures investors appetite for risk.



Bigger picture shows Ndx/Indu at new recovery high.