links for 2006-08-19

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Mike, the "equivalent" charts at Stockcharts.com seem to be painting an interesting picture. What I find interesting is this: there are parts of the market that are struggling, but the Nasdaq may have more room to go...thoughts appreciated.

http://stockcharts.com/h-sc/ui?s=$NYA50R&p=D&yr=2&mn=0&dy=0&id=p38670129564

http://stockcharts.com/h-sc/ui?s=$NAA50R&p=D&yr=3&mn=0&dy=0&id=p11218306746

Also interesting are the % bullish charts for various markets and sectors:

NYSE: http://stockcharts.com/h-sc/ui?s=$BPNYA&p=D&yr=2&mn=0&dy=0&id=p91398482777

Nasdaq: http://stockcharts.com/h-sc/ui?s=$BPCOMPQ&p=D&yr=2&mn=0&dy=0&id=p

S&P500: http://stockcharts.com/h-sc/ui?s=$BPSPX&p=D&yr=2&mn=0&dy=0&id=p43299057782

These would suggest to me that sentiment is still in the dumps - and the charts have an excellent correlation with the ups and downs of the general market.

Thoughts appreciated...

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This page contains a single entry by published on August 19, 2006 12:27 AM.

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