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To: Terry Whitman who wrote (61385)9/13/1999 3:00:00 PM
From: Greg Jung  Read Replies (1) | Respond to of 86076
 
We've heard that chant (#reply-1124796 ) here from Luc for every week, now. Puu-leez! "Market breadth" and A-D lines analysis should be applied to seperate segments of the market. Just like, we don't throw in the London FTSE or the German DAX - we should also distinguish the DOW, Wilshire, etc. For years the DOW stocks have gone straight up leading to the 1997 blue-chip mantra, and tech sell-offs occurred to very severe levels while most blue chips had only mild setbacks. Now we have a mixed bag of stock performances on the NYSE - mostly duldrums - and a few components of the Nasdaq getting 70% of attention: Internut mania, Networker mania, Telecom mania, with 1-2 leaders in each sector now at current time the secondary stocks in tech are getting a run. And Semis, of course. A-D Line poor? Tough, just means you were a poor stock picker 3 months ago.