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The attached gif depicts the Nasdaq weekly closing prices with a plot of
the Commitment of Traders data on top. I leave the interpretation of this
up to you. I will say, that I expect the CNBC talking heads to be full of
great reasons for buying all the Nasdaq stocks their friends at the big
Wall Street firms are looking to unload on the public. (After all when
was the last time you took one of them out to dinner!) Just my opinion.
disclaimer stuff:
this is not a trading recommendation.
for informational purpose's only.
Attachment Converted: "f:\eudora\attach\nasdaq_cot.gif"
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