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Strategies & Market Trends : Charting & Technical Analysis for Stock Indexes

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To: chartwiznyc who wrote (65)	11/20/2001 1:08:03 PM
From: bobby beara	of 211

Chris, i like your modified use of dow theory, in using averages and leadership stocks to find bullish and bearish divergences, i've always looked at these things, but not with the focus you are using. on the bigger picture, pure Dow Theorists have been bearish since 1998, but if you used all the indexes and leadership that you use, the sell signal would not have come until march 00, when the Dow did not confirm the new highs in the sNp and Nasdaq. What do you think of the fact that all three indexes confirmed the lows in Sept. and all made confirmed momentum bottoms b

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