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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (37560)7/1/2002 3:36:03 PM
From: Jack T. Pearson  Respond to of 52237
 
nasdaq (small caps intentional) graph just ran thru the bottom of my screen and onto the table.



To: Paul Shread who wrote (37560)7/1/2002 3:44:48 PM
From: TechTrader42  Read Replies (2) | Respond to of 52237
 
The interesting thing is that McMillan's chart shows the adv/dec line going steadily down the past two years. So the supposed reversal in the adv/dec line never occurred, if you look only at stocks. So much for the new primary bull market.



To: Paul Shread who wrote (37560)7/2/2002 9:24:04 AM
From: Terry Whitman  Read Replies (1) | Respond to of 52237
 
Well then- I guess we should only buy preferreds. <g>

This is somewhat disconcerting. Selling for a 1 yr. return of -50%:

>Tyco International (NYSE:TYC - News) fell to $13.45 from a close of $13.75. In a bid to ease its heavy debt load, the conglomerate said on Monday it raised $4.6 billion from the sale of its CIT Group (NYSE:CIT - News), accepting half of what it paid for the finance company a year ago. <


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