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To: marginmike who wrote (82640)10/7/2000 2:06:16 PM
From: 16yearcycle  Respond to of 152472
 
Well, this chart would also indicate that in one month the April low will have become the 52 week low.



To: marginmike who wrote (82640)10/7/2000 2:59:47 PM
From: Caxton Rhodes  Respond to of 152472
 
Mike- Is there a reverse one of these for highs?

Caxton



To: marginmike who wrote (82640)10/7/2000 3:23:51 PM
From: Tom Kearney  Read Replies (1) | Respond to of 152472
 
Isn't another way of looking at that chart is to simply
say - occasionally during this bull market, we touch the 52 week low?

For example, the low lines in 96 and 97 did not touch, but the NAZ still went up and those lows have never been revisited.

Regards,
Tom



To: marginmike who wrote (82640)10/7/2000 8:05:20 PM
From: waverider  Respond to of 152472
 
What determines the 52-week low line?

Rick



To: marginmike who wrote (82640)10/9/2000 4:30:03 AM
From: limtex  Read Replies (1) | Respond to of 152472
 
mm- the comment on the graph doesn't seem to have been true on every occasion tha tthe NAZ took a plunge. I've never understood T/A so I don't suppose I should critisize it. Onr thing about the graph however is clear and that is that however low the nAZ dropped it pretty quickly resumed its upward path and went much higher!

Best regards,

L