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Pastimes : Ask Mohan about the Market

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To: John Hunt who wrote (7970)11/15/1997 12:26:00 PM
From: John Hunt  Read Replies (3) of 18056
 
I just did my tally on the 30 Dow stocks again
and found that there are now 18 stocks below
their 150 day exponential moving average.

Date DJII # Below 150d EMA

Friday 7572 18

- 1 Week 7581 16

- 2 Weeks 7443 17

- 3 Weeks 7715 12

- 4 Weeks 7847 9

- 5 Weeks 8045 7

Fewer and fewer bullish stocks ( > 150d EMA )
are holding this puppy up.

John
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