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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: John Pitera who wrote (78648)12/8/1999 6:27:00 AM
From: Greg Jung  Read Replies (1) of 86076
 
John, just do my exercise and you won't find more than
100 new lows listed. That's my prediction and I'll even
venture that you can add dividend paying companies back
in but exclude the secondaries - or, count as one a set of (often several) "new low" values associated with a single company. You won't come up with 100. I use 5% as a visual
shortcut that although it would cut off a segment of insurance carriers, etc, it mostly does the work of reducing the redundancies.

As for needing an alternate site, this was the first yahoo failure in a long time and its not important enough for me to be looking at tables and charts etc. I'm not TA trading,
I'm too much a sucker for bottom dwellers.

I've got 4 or 5 issues that are bouncing around near the bottom of their historical range, I don't argue against the premise that its a bear market for the majority of issues. Actually I think Nov and December are probably historically the lousiest - contrary to the behavior of "the market" as measured by the DOW or the S&P - for the median behavior. So there's another potential foot in my mouth but I'm still kickin.
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