“Tulips versus NASDAQ … what’s the difference? … only the names!”
Today sees me add back the NDX100, simply cuz between the 2 of ‘em [NDX100
and the DAX30], we get the biggest “bang” for the reward / risk ratio during the
trading day … with practically every central bank in the world embarked on
infinite QE & monetization of their debt, it’s hard to see what ends the stock
market bubble … eventually it will end, but the tulip investors never had central
banks engaged in the stupidity of this moment, so it can go on for a lot longer
than anyone imagines … the end, though, will be like all bubbles that end, and
another generation that swears off stocks forever.
Directly below, the 20 Day Range MA’s for first the DAX30, followed by the
NDX100.
DAX30
click on ANY image or chart to enlarge
NDX100
… until tomorrow … Onward & Upward!!
-vegas
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