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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (26423)	9/20/1999 7:53:00 PM
From: Les H	Respond to of 99985

I didn't provide that link although I follow it. Chip has charts on the breadth incl. 50-day mov avg breadth and 200-day mov avg breadth. stockcharts.com My understanding was that corrections usually get halted around 48-50% for the percent of stocks above the respective 200-day moving averages. With tax-loss selling season coming, the laggards may have one more last gasp before the earnings reports if that much. So, I think the breadth will continue to deteriorate by mid-October.