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To: James F. Hopkins who wrote (111541)7/6/2001 11:13:38 PM
From: Les H  Read Replies (2) | Respond to of 436258
 
I have a 1.87 10-day TRIN for the Nasdaq 100 which is the highest since the June 20th value of 1.97. Only 3 stocks were up today, and only 9 were up yesterday. Only 61 stocks were up in the S&P 500 as well. Last time, I saw that big a negative breadth several weeks ago, the market continued down for a couple more days but on improving breadth from 2/3 to nearly even, then reversed up.



To: James F. Hopkins who wrote (111541)7/7/2001 7:01:51 AM
From: robnhood  Read Replies (1) | Respond to of 436258
 
You could be right Captain, but I am staying short. A lot of the still standing techs are breaking down from sideways patterns. Of course I'll be one of the scramblers if they can turn them convincingly. Been there, done that many times.