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To: AllansAlias who wrote (40627)11/24/2000 10:49:13 AM
From: pater tenebrarum  Respond to of 436258
 
true...this is one of the signs of hope for the bulls i've been alluding to on Wed. in fact, the failure of the new lows to be confirmed by the big cap leaders (INTC,CSCO, MSFT) is the one thing that imperils the bear case a bit. same goes for other non-confirmations that have occurred on Wed.
however, study of past bear markets reveals that those can not be relied upon 100%.