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Strategies & Market Trends : Galapagos Islands
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To: Jorj X Mckie who wrote (52740)7/28/2004 10:01:46 AM
From: J.B.C.  Read Replies (1) of 57110
 
Hmmm, yesterday's internals weren't as strong as I would have liked (in fact they were weak!). I think we need a little more basing before we begin to climb, or perhaps a trip to 1800 as you suspect.

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From the wizards at DWA:

The NYSE saw 58 issues rising on their charts and 131 falling. There were 2 new buy signals given and 17 new sell signals given for a net loss of 15. There were 29 Upward Reversals and 36 Downward.

Nasdaq saw 108 issues rising on their charts and 226 falling. There were 9 new buy signals given and 17 new sell signals given for a net loss of 8. There were 72 Upward Reversals and 43 Downward.

Optionable Stocks saw 115 issues rising on their charts and 184 falling. There were 9 new buy signals given and 17 new sell signals given for a net loss of 8. There were 75 Upward Reversals and 37 Downward.
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