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Strategies & Market Trends : Waiting for the big Kahuna

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To: Vitas who wrote (34396)11/25/1998 12:19:00 AM
From: Vitas  Read Replies (1) of 94695
 
The thing to make note of, here, is that in those times in the past where we had a bear market rally, the weekly ratio summation
stalled around 1.00.

I am not looking for anything that bearish ( I think we are on to the next bull market), but am simply making an observation.

Check out the data for 1973, 1990, 1994 and of course presently.

Another item to keep close tabs on is the Investors Daily Mutual
Fund Index. It is as of Monday's close RIGHT ON THE 200
day moving average. Don't ask me why, but for some reason I find
the 200 day moving average of that more important than that of
the other indices.

Vitas.
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