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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (25367)2/27/2000 12:32:00 PM
From: d. alexander  Read Replies (1) | Respond to of 68959
 
Jim; thank you for the thoughtful response. (I remember your pre Y2K posts about the money supply effect on the market).

For another opinion,URL posted by Harry optionsource.com
The emphasis being (JMO)
As seen by the red circles in the bottom sub-graph, when bullish sentiment drops to significantly low levels, the equity market has a tendency to consolidate and then proceed to rally over the next several weeks. However, major market indices must maintain support above their longer term moving averages for this indicator to continue its predictability.

& (if you can get in) a close-up of same
optionsource.com

Dorothy