Thursday, December 23, 2010

QQQQ-SPY Ratio: Negative leading indictor?

http://www.biiwii.blogspot.com
http://www.biiwii.com

Nah, all that dumb money can't be wrong.  But just in case the dumb money is wrong as usual, cautious people might note that the ratio's shorter term moving averages have turned down below the longer ones and that the ratio's price now resides below all of them.  We might also think about the negative divergence being signaled in an ongoing manner by the global leaders, the emerging markets and in particular, China.

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Source: http://feedproxy.google.com/~r/businessinsider/~3/JHqkT5EfIRQ/qqqq-spy-ratio-negative-leading-indictor-2010-12

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