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Politics : Formerly About Applied Materials

AMAT 226.19

-3.2%

1:16 PM EST

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To: 16yearcycle who wrote (25504)	10/19/1998 10:09:00 PM
From: Gottfried	Read Replies (2) of 70976

Eugene, found this in WSJ. If I interpret correctly, the bull is tired. Look at the decrease in blocks $$. Gottfried Money Flow Uptick vs. Downtick Trading by Dollar Volume Monday, October 19, 1998 MARKET Money Money Up/Down Flow Flow Ratio Previous Day DJIA* +257.5 +345.0 134/100 Blocks +127.6 +1,429.9 130/100 DJ Global-US* +677.2 +1,006.0 113/100 Blocks +120.2 +4,727.9 103/100 S&P 500* +678.0 +935.9 115/100 Blocks +192.3 +4,609.7 106/100 Russell 2000* +69.9 +111.0 107/100 Blocks -98.6 -44.4 84/100 ** - in millions Moneyflow figures are the dollar value of composite uptick trades minus the dollar value of downtick trades. The up/down ratio reflects the value of uptick trades relative to the value of downtick trades.

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