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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (16511)	12/10/1999 11:49:00 AM
From: JLS	Read Replies (2) of 57584

Rande, your bull market call in October was confirmed in yesterday's IBD's front page "Investor's Corner" article, titled "Confirm new rally with follow-through day." (They didn't give you credit, however, ggg) Essentially stating that the turnaround occurred on Oct 18th, at which point you should start looking for a "follow-through day" in which one of the major market indexes gain 1% or more on an increase in trading volume over the prior session. The strongest rallies tend to stage follow-throughs 4 to 7 days out, more than 10 means a weaker rally. Course, today's Investor's Corner article is more relevant: "Distribution days help flag market tops." Explaining how smart money likes to sell into strength, but we already knew that didn't we. GGG Julie

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