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Strategies & Market Trends : The New Bull Market.

RMBS 93.82

+1.6%

11:59 AM EST

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To: GROUND ZERO™ who wrote (739)	6/17/2002 7:59:53 PM
From: Chip McVickar	Read Replies (1) of 1750

On the duration of this move higher... one factor in your favor is the non confirmation in the 25 day sum... it didn't reach a pure sold area below the ratio of 0.84.... However the last time the market reached close to a negative -4952 was back in Mar 16, 2001.... at -4631 (leaving out 9/11). It reversed down the next day -600 points to below 0.84 and set up a +2000 point move in the next 3 days...! Nothing repeats itself, but I'd have wished for a reading below 0.84

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