P&S and STO Death Blow's Message Board

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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeff who started this subject	4/24/2003 1:45:54 AM
From: h8_2_b_l8	Read Replies (3) of 30712

FWIW I thought I would post some numbers from a Nasdaq indicator I developed over the years. Today it hit a range rarely seen since March 10, 2000. The indicator measures exhaustion of moves up and down and the greater the number the more significant the top. All based on a closing basis. The range runs from just below 0 (negative readings are Mid to Long term buys) to 125 (technically, but this would assume everyone with money is in the market. A score over 95 would be near impossible) Today we registered 74.38, the 5th highest reading since 3/10/00. To put that is perspective a reading over 60 may only happen 3 times a year. The 4 previous higher readings, dates and points from top (on closing basis) 85.48 5/22/01 0 Points from top. 85.31 12/6/01 0 Points from ST top. 5 Points from LT top. 78.82 1/4/02 0 Points from top. 77.90 11/25/02 6 Points from top. From past accounts this shows the top (on a closing basis) being no more than 1 day out. I hope all is well with everyone. It would be nice to get this board up and running again since it seems it has washed itself clean.

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