(Trend of the Stockmarket - Trend of the Nasdaq and DowJones)
QUO VADIS DOW JONES? - THE TREND PAGE
Here you can see who plays the market - the bulls or the bears. Daily technical update of the trend!
RED BARS = Bears controll the stockmarket- is the new low lower then the previous low ? Then take care!
BLUE BARS = Bulls controll the stockmarket - buy diamonds for your girl :-)
Black = No real trend - wait for action or take a position with the weekly Trend.
03.10.2000 - Nasdaq:Sorry nothing new to say - you see the mother of all bullmarkets! You know our philosophy: Let the bulls run and wait for a break of the trendline (starting 10.18.99) to the downside or wait until you will be stopped out by a red bar. One thing is shure - one day this bullmarket will die!
Dow Jones: Couldn't break the trendline with the close to the north today. But i think that it will happen in the next days. If we break todays high (10091) we can get a good rally. Don 't forget the grand old blue chips! Have a nice weekend! Cheers, Tom
The source of my data: QuotesPlus - the best for stocks and fundamentals
Send me comments, suggestions and ideas!
