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Strategies & Market Trends : The Stock Market Bubble

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To: bobby beara who wrote (705)	7/8/1998 10:51:00 PM
From: R Stevens	Read Replies (1) of 3339

Was just looking at the NYSE A/D line.(see below) On the left side of the chart (1995) the space between the two lines was about 2 grid lines. On the right it is now almost 7 grid lines apart. As you pointed out a while back, the increasing divergence between these two lines is a warning sign. However as can be seen in the 1929 A/D chart (see below), the divergence was much greater before the crash. Current A/D Chart: decisionpoint.com 1929 A/D Chart: decisionpoint.com

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