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To: stock bull who wrote (134548)6/25/1999 11:07:00 AM
From: Tommy Dorsey  Read Replies (3) | Respond to of 176387
 
Many people key off the Dow JOnes and that is a mistake. As I mentioned on CNBC the short term indicators are negative and long term our main coach, NYSE Bullish Percent is positive. The sector distribution bell curve is dead center which is perfectly normal. Over the last few weeks we have seen more net new buy signals so this prompted me to say I thought this impass will resolve itself on the upside but we dont' anticipate the anticipators. If the Option Stock Universe Bullish Percent reverses up then we have short and long in concert. We'll see next Wednesday how it pans Out. Tom