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To: Robohogs who wrote (15)1/20/2016 5:00:05 AM
From: Robohogs  Read Replies (1) | Respond to of 668
 
SPX stocks above 50 day is low but not as low as August. Now these are still very oversold numbers. Only time mkts did not bounce from these levels recently was 2008. They did by 2009. 50% bear coming? Provocative - not my view.



Nor is stocks above 200 day at August lows. Very oversold.



NYSE not there either.



Nasdaq is there. And Nazz 100 may be at all time lows.




To: Robohogs who wrote (15)1/20/2016 11:51:02 AM
From: Robohogs  Respond to of 668
 
Level is -114. The solid line at bottom of bottom of graph. We are there now. Rally takes some away. This is from Fat Pitch.