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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: sea_biscuit who wrote (3889)3/15/1999 9:08:00 PM
From: BigShoulders   of 15132
 
Re:the recent rises in the indexes have been on very light or even anemic volume.

Another bad sign is lack of stocks hitting new 12 month highs

Some numbers from Barrons's for last week

Day Hi/Lo
---------
NYSE
Mon 79/50
Tue 76/86
Wed 63/67
Thu 83/74
Fri 61/85

NASDAQ
Mon 57/65
Tue 64/81
Wed 75/55
Thu 83/57
Fri 48/65

I remember bull markets when new highs were half the stocks, and new lows were virtually nil.

Big Shoulders
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