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To: Terry Whitman who wrote (39504)11/20/2000 9:51:40 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
the theory has migrated...:) it's now in effect everywhere...

a note on the NAZ: the downside 'leaders' internet,telecom and computer hardware all went out at new closing lows.
imo a turn in those will be required to establish an intermediate term low.

my theory that the most manic sector's behavior denotes the health, or lack thereof, of the entire mania is still valid imo.

next comes the big trendline test for the NYA...the last holdout of sorts.