The yo-yo effect between markets

[Henry C.K. Liu]

Watching the behavioral relationship between markets in recent months, a
curious picture emerges that the down draft of one market tends to
produce up drafts in other markets.  This inter-market yo-yo effect
appears to hold between the DOW and NASDAQ, also between regions
(Asia/EU) and sectors (high tech/cyclicals).
Is this a new safety valve of connected bubbles?
Perhaps Doug and others notice it too and have interesting something to
say.

Henry