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

To: Gary Burton who wrote (41270)	2/24/2000 8:20:00 PM
From: Lucretius	Respond to of 99985

who cares.. favors schmavors...

To: Gary Burton who wrote (41270)	2/24/2000 8:46:00 PM
From: bearshark	Respond to of 99985

It is 9877 as shown below. From the WSJ-Interactive. February 24, 2000 Dow Jones Newswires Closing Averages: DJIA 10092.63 Dn 133.10 30 INDUS 10092.63 DN 133.10 OR 1.30 % 20 TRANSP 2380.30 DN 39.98 OR 1.65 % 15 UTILS 285.53 DN 7.99 OR 2.72 % 65 STOCKS 2839.69 DN 46.42 OR 1.61 % OPEN HIGH LOW CLOSE CHANGE IND 10196.56 10321.90 9877.94 10092.63 DN 133.10 TRN 2417.06 2451.00 2333.31 2380.30 DN 39.98 UTL 292.58 294.02 280.56 285.53 DN 7.99 65 2878.45 2911.02 2781.92 2839.69 DN 46.42 NYSE Vol. Prev. Vol. INDUS 237,535,000 185,278,900 TRNSP 15,861,500 12,054,100 UTILS 16,538,200 14,838,000 65 STK 269,934,700 212,171,000 Open, high and low figures are theoretical rather than actual figures. Return to top of page \| Format for printing

To: Gary Burton who wrote (41270)	2/24/2000 8:48:00 PM
From: Benkea	Respond to of 99985

"Favors says that if it was, the Bull Mkt on the non-Naz mkt is Over" Nah, really? He's only about two years late on that prognostication.

To: Gary Burton who wrote (41270)	2/24/2000 9:02:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

Gary Burton: First of all you're using Favors"speak"...he has his own way of talking...<g> The intraday real time numbers, what Dow Jones calls "actual" numbers is what Favors calls "print". The end of day only "theoretical" numbers Favors calls these intraday. Why he call the theoretical numbers intraday is beyond me. The theoretical numbers can only be compiled at the end of the trading day. This is the way the Dow Jones Indices were orginally compiled, as there were no computers in the beginning to keep track of the real time up and down ticks of the Dow Industrials issues. So at the end of the day the lows of all stocks, regardless of when they made those lows, would be combined to come up with a theretical low. The theoretical high was done the same way using the highs for the day of each stock in the indice. Any way Favors makes it hard to follow him with his Favors-speak...<g> Today's numbers are: The end of day "theoretical" low: 9877.94 (Dial Data) The intraday real time "actual" low: 9942.78 (QFeed) Dow Jones calls them theoretical or actual...they should know...<g> I hope this helps. Per Favors (using the numbers you posted) the Bull is over for the Dow, right? Regards, LG