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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Iris Shih who wrote (22987)8/20/1999 1:14:00 PM
From: tech fool  Respond to of 69835
 
Last year the NYSEBP reversed down from 72% at the end of April, 3 months before the market top in July. It reversed back up in September (from 16%) before the October low and ran to 60% in December.

It has since made lower highs, 58% in January and again in May. It last reversed down in July and is now at 48%.