Correction.
In the previous post mentioned the Nasdaq100 but posted the NasdaqComposite chart. A similar difference in Australia would be the50 Leaders and the ASX200 chart. There's not a lot of difference but the Composite Index is a broader market index. Nasdaq100 is doing a little better than the Composite - the Nasdaq100 is the "blue chip" index while the Composite has a lot of small cap stocks in it. So the Composite can be expected to lead the market a little in the downs and ups.
Here's the Nasdaq100 chart:
It really doesn't change what I think about the market.
Redbacka
no one home wednesday, page-7
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