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Strategies & Market Trends : The New Bull Market.

RMBS 106.53

-1.9%

3:59 PM EST

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To: GROUND ZERO™ who wrote (452)	5/23/2002 5:34:03 PM
From: Chip McVickar	Read Replies (1) of 1750

>>If the adv/dec cum is below zero for the first time in many months, then I would think this is the first time in as long that the markets are becoming oversold..... Interesting Interpretation.... I like it...! Yesterday it was a -543 and today +335 In Feb 2002 it went red for 11 days with a spike of -1170 Forgrt the spike around 9/11/01.., but Sept 6/01 it was going neg at -1289 with the 7th at 3083 Aug 8th was a one day touch of -260 June 1/01 gave up a -2071 spike over 20 days of mixed colors April 11/01 marked a spike of -5728 in the longest neg run of 30 days Have to go all the way back to Oct/Nov 2000 for a longer neg journey of 41 days... spike of 10,755 So these recent markets have been very resilient within the broader-overall NYSE, even if the DOW 30 hasn't shown that fact. I've got a nice spread sheet set up if you want a copy.

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