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Strategies & Market Trends : 99 RS stocks--WATCH THEM FLY HIGHER AND HIGHER -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (441)	11/6/1997 8:49:00 AM
From: Christopher	Read Replies (1) \| Respond to of 836

Myron, James I agree with you James. WIlliam O'neil instruct his followers to keep an eye on the 99 RS companies to see how the market is doing. In addition, this morning I checked my IBD and found that the volume for NASDAK and DOW yesterday was higher then the day before but the index did not move much. This is an indication that the increase in volume is probably due to distribution. The same thing happened on Thursday and Friday before we lost 550 points last Monday. This pattern usually occurs before the market goes down and it is documented in William O'neil book under identifying market tops and bottoms. Chris