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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (48604)7/27/1998 4:42:00 PM
From: donald sew  Read Replies (3) of 58727
 
Lisa,

>>>>>>>>> new high new lows is something you have been looking at very closely for awhile wasnt there a period when we were going up like gangbusters ...breaking out...where the new high -new low was terrible but we still kept going up and so the same thing could happen this time before we fall off the Oct cliff? <<<<<<<<<<<<

I lost all my data when I had to get my new computer, but I do recall that around early MAR the NEW HIGHS were declining while the market was still climbing, but it never got this bad or even close to these levels. I believe that during MAR the NEW HIGHS were dropping from the 200-300 range to the 100 range and the NEW LOWS were rising slightly for 10-20 to the 30-50 level. The NEW HIGHS today was only 27 and the NEW LOWS was a whopping 315. Thats a big difference from MARCH.

I have to agree with PATRICK. This market is being manipulated by the BIG BOYS so they can suck the smaller investors in to hold the market up long enough to get out at better prices.

Seeya
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