The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Glenn who wrote (14790)	2/25/1999 10:56:00 PM
From: backman	Read Replies (1) of 90042

glenn: tomorrow looks upward, maybe 75+ pts....adv/dec gap widening today, as was new high/low difference, yet market recovered from way down...so, much of the short term selling imbalance has been satisfied for now...nonetheless, internals are not strong, and i would not be putting on many long positions just now, but i think this could be a good day for some quick position hits (data below is from last 4 days..decisionpoint alert Advances....................: 1038 1190 1273 1962 1424 Declines....................: 1972 1794 1724 1063 1523 Advances-Declines.........: -934 -604 -451 +899 -99 Advances/Declines.........: 0.5 0.7 0.7 1.8 0.9 10 DMA of Adv/Declines...: 0.86 0.87 0.85 0.86 0.78 Greater than 2 is Bullish New Highs...................: 14 56 47 47 26 New Lows....................: 138 87 88 71 84 New Highs-New Lows........: -124 -31 -41 -24 -58 New Highs/New Lows........: 0.1 0.6 0.5 0.7 0.3 look for movement in ctxs, lsi, mfnx, amgn

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