under performing, page-7

A more immediate question is why the divergence/under performance over the past week, positive overseas index moves 'usually' result in moves in the same direction here. Not happening. Last night we have the S&P500 moving up strongly and looking to confirm a break + europe was up, this morning asia is up almost across the board.

Yet we just turned negative for the day? .... and still threaten to break downwards?

I mentioned yesterday, I saw something similar in 2007.

Also, I agree on the root cause of the under performance of the past 2 years: LABOR