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To: Terry Whitman who wrote (71430)	10/23/1999 5:35:00 PM
From: PaperChase	Read Replies (1) of 86076

Thanks for the chart. I am not a scaredy cat over the A/D line because I only buy stocks that go up. Why should the short loosers be concerned with a "market crash" if only 20 or 30 stocks are responsible for the indexes soaring while everything else has already corrected? In other words, the shorts here should have been playing the downside on the 5000 stocks that have already corrected rather than the fiery 30 that haven't. The Reuters article said "``The S&P has now erased the action of the last nine months and that is the good news,' Hays said. ``The bad news, of course, comes from looking at the other 5,000 stocks instead of those 20 or 30 that are carrying the Dow, the S&P and especially the Nasdaq composite.'

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