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To: Nemer who wrote (37506)3/26/1998 1:02:00 PM
From: donald sew  Respond to of 58727
 
INDEX UPDATE
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Just wanted to highlight that the NEW HIGH/NEW LOW ratio for the DOW drop dramatically today from yesterday. This indicator is a early warning signal, but needs confirmation with consistent lower levels.

For comparison, during the OCT pullback the NEW HI/LO ratio started declining about 10 days before the first dip occured in OCT(around OCT 15)

Seeya