http://stockcharts.com/h-sc/ui here`s the weekly nasdaq versus the daily snapshot. http://stockcharts.com/h-sc/ui
http://stockcharts.com/h-sc/ui and the qqqq`s weekly versus daily comparison. http://stockcharts.com/h-sc/ui
You're making a very bullish case BS. Were you trying to or do you believe these charts look bearish, because I sure don't think they do?
ok.... it didn`t work.... the url is the same for both the daily and the weekly, would have to copy it in word and repaste----not happening tonight.
Holy grail with all due respect I'll short every god damn uptick you can muster tomorrow but hey I could be wrong (gotta keep humble )
There is no question that we are due for a correction, but I don't think it's going to happen during the first trading week of the year. There is just too much liquidity with nowhere else to go.
BlueStreek, You can use http://tinyurl.com to solve your long URL problem. I gave them your long Yahoo URL and they made it look like this: http://tinyurl.com/y5crfo. (it's magic!)
thanks a lot mikesmithy, what i was trying to point out is look at the divergence between the nasdaq/qqqq`s and the dow/snp for the last month; my assertion from the yahoo overlapping monthly chart is that the nasdaq/ qqq`s are not suddenly going to correct 'upwardly', the most likely scenario is that the snp/dow correct 'downwardly' to be in relative trading synch, as there is no way they will diverge further than this schism.