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To: BigBull who wrote (55222)11/22/1999 4:33:00 PM
From: Gary Burton  Read Replies (3) | Respond to of 95453
 
DJ mkt terrible--NYSE declines 2.4x advances and declining volume 1.6x advancing volume plus an expansion of new lows, all in the context of an 86pt gain in the DJIA index. The rally in the major averages could be toping out this week imo, breadth has turned terrible already and has been poor now for 2 weeks. And, if the DJIA fails to make a new high in here and then, takes out 9975, everyone and his brother is going to be talking about the DJIA failing near the top,for the first time in a long while. In my view, this is a VERY high risk overall mkt at the moment.