SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: NickSE who wrote (21936)8/5/1999 9:00:00 AM
From: John Pitera  Read Replies (1) | Respond to of 99985
 
Nick, Here is an amazing statistic: In just over one
year the daily advance-decline line has given back 49% of the gains that it
made from the December 12, 1994 low in the daily advance-decline to the
April 3, 1998 high. Over that same period of time, while the
advance-decline line was giving back 49% of its 1994 to 1998 gains, the Dow
moved up from 8983.40 on April 3, 1998 to today's reading of 10,674.77.
That is a gain of 18.8%.

John