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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (7296)7/30/1999 9:35:00 AM
From: Boca_PETE  Read Replies (5) of 15132
 
I want to understand the specific characteristics of a "benchmark high" which Brinker stated we may have put in last week.

What specifically was Brinker seeing in the market as we made new highs in the averages last time ?

- Lower NYSE volume ?
- Fewer advancing stocks ?
- Increased number of declining stocks ?
- Fewer new highs ?
- More new lows ?

What is Brinker comparing those characteristics he saw last week to when he concludes "yes - that may be a benchmark high" ?

- Is he comparing last week's characteristics to the last date before last week when the market averages hit new highs ?

I want to understand the above so that I can spot benchmarks myself.

P

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