Published4 May, 2011, 06:44, CEST+1 | Bythe trader
Market ripping up. NDX now trading in positive territory. Vix heading down again. Set up for the big correction still forming, but until that is completed, we have to “suck” in the last bears.
Nasdaq has underperformed Dow this year.. Given the cmdy falls across the board, we will see a different scenario… Miners, oil and other cmdy driven stocks will lead the down tick! Usually Nasdaq drives the bear market. That scenario will come later.. When liquidity in small / midcap are gone…
Nasdaq has underperformed Dow this year.. Given the cmdy falls across the board, we will see a different scenario… Miners, oil and other cmdy driven stocks will lead the down tick! Usually Nasdaq drives the bear market. That scenario will come later.. When liquidity in small / midcap are gone…