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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Robert Graham who wrote (26730)8/3/2000 12:29:51 PM
From: James Strauss  Read Replies (2) of 42787
 
Poor Market Breadth...
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Bob:

The A/D line and NH/NL look very bad today on the Nasdaq...
finance.yahoo.com

The New Lows outnumber the New Highs by an 8:1 ratio on the Nasdaq, while the Decliners outnumber the Advancers by a better than 2:1 ratio... This tells me that the selling is not done on the Nasdaq yet... The NYSE numbers are much better... This hints at money flow rotation away from techs...

Jim
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