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Pastimes : All Clowns Must Be Destroyed

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To: maceng2 who wrote (41587)8/9/2000 4:53:26 PM
From: da_cheif™  Read Replies (2) of 42523
 
pearly button....put your thinking cap on about breadth....prices can go straight up and breadth go straight down at the same time...wat??? u say??? impossible....now close ur eyes....heres an excercise for ya....take 30 stocks....the majority go up 5 points on monday....then spend the next 5 days going down an eighth a day...then in one day up 5 points...then 5 baby steps back again....now you see how it works...breadth on a cummulative basis tells you nothing ..do your homework...in 1994 the dow took off and the ad line of the dow 30 colapsed for this very reason......happens all the time....
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