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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 684.84+0.6%4:00 PM EST

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To: Stephen who wrote (20800)7/22/1999 2:41:00 PM
From: Terry Whitman  Read Replies (1) of 99985
 
>unfortunately, the advance decline line divergence with the indices has not provided any indication of timing<

History is all we can go on there. Longest previous divergence was in 1986-87, about 14 months I think. It has been 15 months so far this time around. I would say the market is living on borrowed time already- But that's just me. <g>

I'm not disregarding the astro forces. My grandpa always consulted the signs in the farmers almanac before he planted or cut- and he always had a good crop. I've gardened for many years, and for reasons unknown to me, virtually no seeds that I planted on certain days came up. Other days every seed comes up. I'm buying an almanac before I plant next spring. <g>
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