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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (83726)4/9/2003 4:50:24 PM
From: Tom Pulley  Read Replies (2) | Respond to of 99985
 
Yes, particularly the NYSE new highs dropped alot yesterday. I haven't seen the number for today yet but I assume there will be even less new highs. A midrange number on $NYHL on a day when the market didn't move much doesn't mean alot to me. Perhaps it is a signal of deteriorating internals along the lines you were describing previously. I don't know.

Tom