The one index that has not violated its supporting trendline off October lows is the Dow Jones Global Titans Index (DJGT). These are large cap multinationals and you can clearly see where the money has been going: out of small caps and into the big guys. But even for this bullish beast, we are reaching the top of the channel so a pullback could be in order.
This entry was posted
on Tuesday, August 22, 2006 at 4:05 PM.
