Tuesday, February 3, 2009

This market is on borrowed time...



This breadth indicator has hit the top blue trendline and rolled over...We have a pretty nice downsloping channel of parallel trendlines forming here...
at

4 comments:

  1. lagscrewFebruary 4, 2009 at 8:12 PM

    another look--scary

    http://stockcharts.com/h-sc/ui?s=$NASI&p=W&yr=3&mn=0&dy=0&id=p08947101348

    ReplyDelete
  2. lagscrewFebruary 4, 2009 at 8:14 PM

    if that dont work pull up

    $nasi on stockcharts

    ReplyDelete
  3. lagscrewFebruary 4, 2009 at 8:15 PM

    3 year chart

    ReplyDelete
  4. mlytleFebruary 5, 2009 at 7:40 PM

    Hi Lag,
    Plenty of charts around that hint at something, for sure..
    I amazed the market is staying up as well as it is...I guess it's hope...

    Regards,
    Mark

    ReplyDelete

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