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Strategies & Market Trends : Ask DrBob

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To: warrior2010 who wrote (95636)8/1/2007 8:54:38 AM
From: lakeoffice1  Read Replies (1) of 100058
 
warrior2010,

Yes, check out the market carpet and then go to the market scans..on the left side also...this will give you market breadth internals....such as companies making new 52 week highs or lows...

This is broken down int the different exchanges...and is very valuable info....

Case in point, when the DOW Ind. hit the 14,000 a couple of weeks ago....on that date there were over 450 companies making 52 week lows and less than 50 making 52 week highs....on the NYSE...

This data shouts volumes......and will give us insight on when we have hit a bottom....

Make some money....

lake
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