Thursday, July 14, 2005

A TOP IS NEAR?

NDX CHART Notice area of ROC, getting extreme here, getting extreme.

A ZUTZ off of IPOD sales, wonderful. The REAL business world away from strictly consuming I KEEP hearing, is a flat world to down....and SOONER or lATER the markets will reflect this.

The late comer lemming bear must be dealt with first. Correcting skew in CPC IMHO is needed, we are headed lately in right direction.

1% APPLE zutz, while not super impressive has moved the NDX above previous high, but 1600 looms as good resistance IMHO

D

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