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Politics : High Tolerance Plasticity
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To: Warpfactor who wrote (7287)9/1/2001 9:23:37 AM
From: chowder   of 23153
 
Warp, I scoffed this from the John Murphy website.

>> ... I spoke with Dick Arms this morning and (while there was some question about the two-day buy signal) he did point out to me that the 10-day moving average of the Arms Index has risen above 1.50. That's the highest reading since March. That relatively high reading has happened only eight times since the 1960s -- each one corresponding with an important market bottom. <<

I thought I'd pass it along for those who are interested.

dabum
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