Hidden Signals of Market Waft

Victor Niederhoffer recently posted on his blog:

I have often thought that there are hidden signals in markets. My favorite signal is silver, which I call the omniscient market in that whenever something is good or bad it seems to hit the silver market first. Recently, I have been discovering the hidden signals in the Dow Jones, which seems to go the 50 and 100's during the day, much more than randomness would suggest. Another hidden signal is the movement in bond prices that always seem to predate a major move in stocks. Another one is the Israel market, which I have found quite useful in predicting where the US markets will waft.

Why could this be? Many Israeli stocks are traded on NASDAQ as well on TASE. There is 7 hour time difference between them. In general, Nasdaq and TASE move on tandem, Nasdaq leading and TASE following. It is common that TASE is bullish in the morning and then about 4 PM - when Nasdaq opens - it abruptly changes direction. People here also pay much attention to non-market transactions on New York as well other exchanges, trying to anticipate what is happening. It may well be that TASE players are much more alert and attentive and intelligent than players on other markets, giving the impression that TASE leads and the world follows. This only confirms me in my belief that Israeli investment houses are good and they may be the next sector to break out into the world, after Israeli hi tech and building contractors, and they are currently underpriced.