Monday, August 31, 2009
ValueLine Arithmetic Index ($VLE): Small Cap Leads
While watching CNBC today, one of my favorite chartist, Carter Worth...mentioned the Value Line arithmetic Index ($VLE) and how it's out performed the big cap, more heavily weighted indexes, the "big names" are lagging.
I've made several observations over the last 5 weeks on the $VLE, here are the links to my previous blog posts: July 23rd; August 10th & August 15th
below is the video clip. Is this rally over? Read....
*click on chart to expand image