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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (9572)10/29/1999 10:06:00 PM
From: Justa Werkenstiff  Read Replies (3) | Respond to of 15132
 
I2: Incredible. Have you seen those new ML TV commercials where ML clients are at some seminar trying to understand the new ML flat fee program? Love it. It makes the customers out to be total idiots. They keeping describing such a simple concept and then say they don't get it. At the end, one customer says something like: "You will have to be patient with us; this is all very new." I am surprised that these twits can dress themselves. ML has insulted the intelligence of its customers.



To: Investor2 who wrote (9572)11/1/1999 9:48:00 AM
From: Wally Mastroly  Read Replies (3) | Respond to of 15132
 
A 'new' indicator?

>..Other evidence was unearthed that's suggestive of richer prices to come.

In a report, John Roque, vice president at Arnhold and S. Bleichroeder
Inc. noted that NYSE advancing volume decked declining volume by a
margin of nearly 5.8 to 1 on Thursday.

"This type of a ratio says the rally's got more gas in the tank, and it's high
octane, too!" he exclaimed. "History shows similar volume results bode
well for stocks three months out."

Roque observed that, since 1994, there have been 12 instances in which
advancing volume bested declining volume by over 5.8 to 1. He found
that three months after such a reading, the S&P500 was up 11 out of 12
times for an average gain of 8.6 percent, with +19 percent the biggest gain
and -0.4 percent the sole setback. The average gain was 8.6 percent.

"Pretty compelling results when you think about it," Roque enthused...<

cbs.marketwatch.com



To: Investor2 who wrote (9572)11/2/1999 10:21:00 AM
From: Justa Werkenstiff  Read Replies (4) | Respond to of 15132
 
I2: Hope you did not bottom fish NN. Looks like the chart was telling the real story.