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To: Gottfried who wrote (78608)11/10/2000 11:37:40 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 95453
 
Gottfied

Nice chart!

Note that whenever the oscillator becomes heavily overbought it invariably drops down to a heavily oversold level before the next bounce. And it is far from oversold now -- signalling more downside in the market.