Wednesday, January 05, 2005

Mixed Signals

For the long-term investor I have been looking at the different indices. The Dow's are all looking toppy, but take a look at a monthly view from the NASDAQ.

Click to Enlarge Posted by Hello

Why are the Dow's showing resistance while the NASDAQ has the making of an inverted head and shoulder pattern? The pattern still has to breakout convincingly, but the market is definitely not making it easy on investors right now.

Best Regards,

The Soothsayer of Omaha


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