SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: Secret_Agent_Man who wrote (340679)8/12/2007 7:40:27 PM
From: Giordano Bruno  Read Replies (1) | Respond to of 436258
 
Grace Slick where are you when we need you? -g-


The DJIA has lost over 400 points since the middle of last week and declining stocks have overwhelmed advacing stocks. That type of negative breadth divergence has occurred only 15 times in 75 years – the majority of which were in bear markets.

Even in July, when the DJIA hit a record high, declining stocks overwhelmed advancing stocks by a 2:1 margin. That ominous divergence has never occurred in the past 75 years of market history.