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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (24673)8/19/1998 8:55:00 PM
From: Monty Lenard  Read Replies (1) of 94695
 
Jim, I also run scans for NH NL, Adv Issues Dec Issues, & Adv Volume Dec Volume for the same ones that I run our MA scans on. In other words the info is broken down by NYSE, NASD, NASD100, SP100, etc. (I don't publish these because I don't want to clutter up the thread more than I am already with the other scans.)

The internals on all these were as bad and in a few cases a little worse than they were on 8/13/98. Yet the Indices didn't show this.
Therefore, I think this confirms what you said earlier about the negative tick and the Indices not reflecting the severity of it.
In other words, I say we are down again tomorrow.

Monty
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