Simple not every US Market is advancing.
Yet we have new records on the DOW most days.
If your not worried you should be.
Because the Dow is the only thing keeping those other Markets from turning Bearish.
So if the DOW does not advance
Well lookout below because these indexes have been partly correcting already.
Simple not every US Market is advancing.
Yet we have new records on the DOW most days.
If your not worried you should be.
Because the Dow is the only thing keeping those other Markets from turning Bearish.
So if the DOW does not advance
Well lookout below because these indexes have been partly correcting already.
hahahahahaha everytime i read this forum i get a good laugh, the pessimists are flogging a dead horse here i feel.:
My biggest scepticism is that everyone is basing this on the past, my argument is that today is nothing like the past.
Today we have massive potential for exponential growth from around the globe, think of all the markets and countries which are opening up for business. the ex-soviet counties that have huge fossil fuel supplies, China, Russia hell even africa has 6% growth.
And sure the rapid growth in china might not be sustainable at such high levels but there is multitudes of smaller nations pickin up the pace, who's to say were not on the verge of an economic revolution.
Look at the s&p500. Almost at record highs.
How can you say thats not advancing??
Its pretty hard to make 500 companies look good (as opposed to 30)
I agree, it's harder to manipulate 500 stocks than it is 30. So it raises the idea that the Dow could be manipulated somewhat.
Having just done a crash course in Bean-o-lingo, I think/assume Mr Bean is trying to say is that relative to the DOW other indices performance are lagging a bit.
Now if this has any semblance of correctness then any meaningful retracement in the Dow, for whatever reason, may impact more on the other indices because they are already just 'tagging along' so to speak.
Who knows, it could all be bull
Charts - Nasdaq & S&P500 relative to the Dow - is this a valid comparison?
Uncle Festivus
Thankyou
That’s what I am seeing in my programs except I am seeing it in numbers (I use numbers and give them values (based on short medium and long term) and get a value in return.) I am getting negative or just in positive for the Nasdaq each day since the 10th May. The last 4 days have been negative and the number is increasing. It should be decreasing in fact it should be positive. The other indexes if I enter a down day (nothing to bad) they nearly turn negative or are so weak two days down in a row will turn them. That should not happen if they have strength.
I use averages, a/d, up and down vol, highs and lows, random time series numbers and a couple of other things.
but if it works and your coming out on top then i say well done!
All ords is more then the S&P200 i have never seen this before but i have only 1.7 years looking at the figures.
does that say no one big is game to buy the top 200 right now? or is everyone just buying MBL!
If s&p500 breaks new highs this week then its onwards and upwards for this bullmarket.....
Yes but if it cough's its getting PNEUMONIA
Yeh well in that case give a bit of ceftriaxone/amoxycillin and a bit of roxithromycin (to cover the atypicals) and she'll be aight !
your is you are is you`re.lol
Lat time i checked this was a stock forum, not a spelling road show you rude prick!
your is you are is you`re.lol
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