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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 688.93

+0.5%

Jan 22 4:00 PM EST

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To: Wildstar who wrote (8732)	3/22/1999 9:19:00 PM
From: Les H	Read Replies (1) of 99985

The A/D line in the prior bull run in early 1998 peaked in April. The market started its final decline in late June. The lag was only about 3 months. The A/D line in the current bull run peaked in November then again in January at near the same level. So, the current lag is approaching 3 months.

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