More Reasons to be Cautious
If we examine the following table, it should be obvious why investors should be more cautious at this time..
Advances & Declines
NYSE,AMEX,NASDAQ,BB|
| Advancing Issues | 1,958 (47%) | 196 (44%) | 1,301 (50%) | 151 (38%) | | Declining Issues | 2,039 (49%) | 223 (50%) | 1,199 (46%) | 163 (41%) | | Unchanged Issues | 129 (3%) | 30 (7%) | 115 (4%) | 83 (21%) | | Total Issues | 4,126 | 449 | 2,615 | 397 | | New Highs | 151 | 14 | 155 | 12 | | New Lows | 124 | 9 | 39 | 25 | | Up Volume | 1,590,579,245 (45%) | 42,461,969 (46%) | 1,164,251,836 (67%) | 51,312,584 (15%) | | Down Volume | 1,808,134,768 (51%) | 41,850,852 (46%) | 553,964,975 (32%) | 252,959,369 (76%) | | Unchanged Volume | 158,286,779 (4%) | 7,570,096 (8%) | 21,933,232 (1%) | 28,439,931 (9%) | | Total Volume | 3,557,000,7921 | 91,882,9171 | 1,740,150,0431 | 332,711,8841 |
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