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Strategies & Market Trends : Classic TA Workplace
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To: NOW who wrote (4574)6/8/2001 3:18:55 PM
From: Henry J Costanzo  Read Replies (3) of 209892
 
Re ARMS: Agree pretty oversold insofar as NYSE data concerned. But for the NASDAQ, ARMS was heavily oversold a week ago, but has since moved quickly to overbought. (I don't know any outside source for NAZ data, so I calculate them myself.) Yesterday's ARMS was .38, with the 5-day SMA at .61, both of which indicate pretty overbought levels.

For AA: These are daily numbers
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