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Strategies & Market Trends : Waiting for the big Kahuna
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To: Death Sphincter who wrote (34666)11/30/1998 9:08:00 PM
From: Monty Lenard  Read Replies (1) of 94695
 
Here is some more that are interesting.
Stocks over 200 DMA
NYSE NASD NASD100 S&P100 S&P400 S&P 500 S&P600
04/21/98 61.2% 48.9% 71.0% 86.0% 77.3% 82.4% 72.0%
07/17/98 49.7% 37.4% 62.0% 71.0% 56.5% 65.2% 49.0%
11/27/98 29.7% 21.3% 62.0% 62.0% 43.8% 52.8% 32.3%

My numbers will differ from Vitas numbers because I run a scan.
Irregardless the numbers still do not justify a new high this last
week IMHO.

The 10 & 20 DMA numbers are similar but not quite as bad as the 200
DMA numbers.

I may be reading too much into this???

Monty
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