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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

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To: dennis michael patterson who wrote (1919)	12/15/1998 5:31:00 PM
From: HighTech	Read Replies (2) of 99985

Near the top around July 20, 1998, the NYSE New Highs/New Lows were as follows per IBD numbers: After a 6% Correction 7/19 on 7/28 ------ ----------- New Highs 136 9 New Lows 50 294 The figures around the bottom: 10/7 10/8 10/11 10/12 ------ ------ ------- ------- New Highs 52 35 8 8 New Lows 483 824 281 113 The first day that the NH's were > NL's was on 10/26 NH's=27 NL's=16 HiTech

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