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To: HG who wrote (93381)2/11/2000 12:50:00 PM
From: Bill Harmond  Read Replies (3) | Respond to of 164684
 
They are scary, but divergences aren't always resolved to the downside.



To: HG who wrote (93381)2/11/2000 1:13:00 PM
From: Olu Emuleomo  Read Replies (1) | Respond to of 164684
 
>>>>The divergences of the last few days terrify me ! <<<

The DOW and Nasdaq deserve to diverge. The avg DOW stock grew earnings by 13% while the avg Nasdaq 100 stock grew quarterly earnings by 59%
(according to IBD)

--Olu E.



To: HG who wrote (93381)2/11/2000 1:30:00 PM
From: fedhead  Read Replies (2) | Respond to of 164684
 
Institutions are moving out of the dow stocks and into
the NAZDAQ. Its a total asset reallocation. These divergences may persist for years unless the S&P and dow
atart adding the CSCOs, the YHOOs in their basket.


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