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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 660.08

-0.8%

Nov 18 4:00 PM EST

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To: donald sew who wrote (8152)	3/14/1999 7:49:00 PM
From: Les H	Read Replies (1) of 99985

While the Dow has gone up 600 points since March 2... percent of stocks within x% of 52-week high DJIA 90 pct 80-89.9 pct 70-79.9 pct less than 70% 3/02 9290 13.3% 18.0% 16.7% 52.0% 3/12 9880 16.2% 16.2% 15.8% 51.8% The average value of stocks relative to their 52-week lows was 155.9% on 3/2 and 158.8% on Friday, a 2.9% change. The biggest change was in the stocks within 10% of their 52-week lows. This group decreased from 23.3% of stocks to 20.8%, a 2.5% change. Daily Market Wisdom: The bubble is your friend.

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