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

To: bobby beara who wrote (42683)	3/9/2000 11:26:00 PM
From: Les H	Read Replies (1) \| Respond to of 99985

I go to Reuters Moneynet to copy the high/low data. I'm only posting the new highs that were over 500 since last October's low: March 1 512 new highs Nasdaq 4784 March 6 504 new highs Nasdaq 4904 March 9 294 new highs One of the sources for the shrinkage is likely the Biotechs. I haven't run a scan of the database on 20-day, 40-day, and 1-year highs and lows yet to identify the source of the shrinkage. Incidentally, I got a 100-0 AIQ buy signal on the Dow/NYSE today due to Stoch crossover, ROC of EMA of price caused by the double bottom on the Dow, highs/lows improving. We could get a couple of good days at most with the VIX this low.