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To: Les H who wrote (7145)4/22/2003 10:25:58 PM
From: John Madarasz  Respond to of 29596
 
Market Breadth

Breadth firm, selected indicators overbought
Apr 22 2003 09:00

Both the Nasdaq 10 wk and 30 wk mas were higher, and the 10 wk chart reached 62%, equaling its November ’02 peak and holding bull confirmed. A rally to overbought levels will increase risk. The 30 wk is also at its recent high. The bullish % advanced to 45.6%, trailing the NYSE, but both are bull confirmed. The high low ratio was steady at 74%, and close to its recent 78% top.

http:www.chartcraft.com