Sunday, October 14, 2012

14 Oct 2012

 The shortest time frame has bounced a little from lows.  Still a ways to go for the medium and long term indicators.
 Is the crisis beginning to spread to Japan? MTU may be headed back to lows.
 The Nasdaq 100 advance decline line has a significant divergence (no new high during this rally) from QQQ (green).
The Russell 3000 advance decline line exhibits the same behavior.

"The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt"
Bertrand Russell

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