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To: pater tenebrarum who wrote (68472)2/16/2001 11:32:13 AM
From: dpl  Read Replies (1) | Respond to of 436258
 
An old saying. 'The public is right on the trend but wrong at the end" in bull/bear markets.



To: pater tenebrarum who wrote (68472)2/17/2001 2:38:29 AM
From: Perspective  Read Replies (1) | Respond to of 436258
 
Did you notice the incredible breadth unanimity today? Naz DOWN VOL/UP VOL was over 10:1! While you might think that kind of extreme of breadth would be associated with exhaustion of a move, the technical studies I've seen have all shown 10:1 breadth days to be signs of *continuation*.

Have you seen similar results? 10:1 volume breadth days are extremely rare.

BC


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