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SPDR S&P 500 ETF Message Board

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  • guystupid64 guystupid64 Jan 5, 2013 5:23 PM Flag

    NDQ 100 Target is down 22% from friday's close

     

    IBD.....you're really into the "exhaustion gap" theory lately. That's fairly passe. The NASDAQ is now between support and resistance. We could just as well go up, as down. As for AAPL and the NDX 100, when the volume gets low on AAPL, is when it will get jammed north. You are incorrect to attach bearishness to the tails of a bell curve. These days, low-volume means it would be easier to jack it north.

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