and when insiders are selling with both hands, credit is in meltdown mode, commodities are at 1980 levels, global trade is falling off a cliff, inventories-sales decade highs, volatility trending, profits tanking etc. etc...
Momentum oscillator is positive while new highs and lows both > 2% of issues outstanding...
NYSE Composite w/%of stocks above 200 dma
Closely related to the Nasdaq's Zuckerberg Omen
Two stocks holding up the Nasdaq, neither of which is Facebook...
Nasdaq New Lows (50 dma)
