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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: sun-tzu who wrote (150793)2/12/2002 10:31:20 PM
From: Terry Whitman  Read Replies (2) of 436258
 
Well, you have to make some assumptions in order to solve any problem. If this is the final phase of a bear market- then someone please explain to me why new highs are consistently 2-4X higher than new lows.

Every bear market I've ever seen- particularly the very ugly ones- starts with new lows consistently outnumbering new highs, and ENDS with new lows completely dominating new highs- like last september..

Bull markets start with new highs consistently outnumbering new lows.. hmmm...
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