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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (17178)	5/28/2003 9:16:39 AM
From: orkrious	Respond to of 19219

that's the highest in 10 years except mid 97 stockcharts.com[w,a]mallyiay[pf][vc60]&pref=G

To: Terry Whitman who wrote (17178)	5/28/2003 9:46:49 AM
From: J.T.	Read Replies (2) \| Respond to of 19219

Nice and quiet. A good indicator. Bears fail to mention the advancing AD Index or Value Line or Mid Caps, Small Caps, Micro Caps etc... Large Caps actually laggin a bit, but catching up. It is a stealth Bull. Just cranking out research and all Rydex Numbers going back to late 2000 and main Bull Bear TA's since April 2000. Letting my positions run. Best, JT

To: Terry Whitman who wrote (17178)	5/29/2003 12:36:44 AM
From: Dan Duchardt	Read Replies (1) \| Respond to of 19219

There are two things that contribute to a strong rise in New Highs: One is a rising market in current time. The other is a market falling precipitously 52 weeks ago from levels above where the market is now. Both effects are in play right now, and the dominant effect is still how hard the market was falling last year at this time. It's no surprise that this combination is dramatically pumping up the rate of New Highs. We'll see if it continues once the indexes break into 52 week high territory in a few weeks, assuming they make it.