StockFetcher Forums · General Discussion · Divergence<< >>Post Follow-up
traderblues
195 posts
msg #47301
Ignore traderblues
10/3/2006 5:51:04 PM

7 out of 10 major sectors closed down today, while the Dow Industrials were making new record highs. Not a good sign for the bulls.


contrahawk
68 posts
msg #47308
Ignore contrahawk
10/4/2006 3:00:21 AM

A couple other curious things about Tuesday, 10-3:

NYSE Composite closed down with Advancing issues outnumbering Decliners 1705 to 1569.

NASDAQ Composite closed up -- though making a lower high and lower low -- with Declining issues outnumbering Advancers 1637 to 1393 while the Volume of Advancing shares traded was greater than the Volume of Declining shares by 1044.597 million to 930.347 million.

Go figure.

Jim


heypa
283 posts
msg #47313
Ignore heypa
10/4/2006 11:44:51 AM

since the last dow high the value of the american dollar has dropped about 30 percent. what new high?


WALLSTREETGENIUS
983 posts
msg #47315
Ignore WALLSTREETGENIUS
10/4/2006 12:29:14 PM

7 out of 10 major sectors closed down today, while the Dow Industrials were making new record highs. Not a good sign for the bulls.
___________________


Please explain this "sign" you are speaking of. All of MY indicators are telling me that this incredible upward trend will continue.




UNITED
81 posts
msg #47324
Ignore UNITED
10/4/2006 9:09:34 PM

I thought I was the only one who noticed the dollar drop recently.It's my opinion that if the American people really knew it's true value,there would be a revolution.And they say there's low inflation???????? WHERE???????btw:let's get some opinions,I say it's worth about 25 cents......


heypa
283 posts
msg #47346
Ignore heypa
10/6/2006 11:20:14 AM

There isn't a single federal ststistic that isn't politically massaged.


nikoschopen
2,824 posts
msg #47347
Ignore nikoschopen
10/6/2006 12:26:36 PM

Well let's make sure the Bushies & Co. remains outta office this coming mid-term election and for ever more. Amen.


StockFetcher Forums · General Discussion · Divergence<< >>Post Follow-up

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