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Strategies & Market Trends : Ask DrBob
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To: shoreco who wrote (97132)11/16/2007 9:18:06 AM
From: Thomas77  Read Replies (1) of 100058
 
The Standard & Poors 500 index closed below its level of last Thursday, about 200 fewer NYSE stocks struck new lows today than a week ago. In other words, more and more stocks are finding support (buyers).
This is an indication the market it going to make a turn.
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