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Strategies & Market Trends : The Stock Market Bubble

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To: Roger A. Babb who wrote ()	6/22/1998 10:19:00 PM
From: R Stevens	Read Replies (2) of 3339

HELLO????????????????????? Hey where did everybody go? OK....hmmmm....how can I use the level of activity on this thread as a market indicator? It was on the hot list right when the market was falling off in May. Last post was on June 17. I interpret this as a sign that everyone thinks this has just been a correction and they are spending their time trying to decide where and when to get back in. Nasdaq broke up past 1800 today which was a resistance level. If the correction is over, it was awfully short and sweet. I still don't buy it, yet I don't feel a lot of conviction either way. Today's advancing issues were about equal to the declining issues. New lows beat new highs by about 2 to 1. quote.yahoo.com (advancing vs. declining info) Anyone else care to take a stab at it? I still don't have enough experience with market bottoms.

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