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To: Cynic 2005 who wrote (1890)5/15/1998 5:12:00 PM
From: Joseph G.  Respond to of 86076
 
M,
And yet A/D line started down, number of 52 week highs peaked out last July (Mu made a 52w high of $60, almost as good as the '95 high of $95 -g-). Lots of stocks peaked out in '94, '95 '96, '97 - more than half by now. Markets' narrowing ...

J

PS This is one of the so called "new highs" TL
cbs.marketwatch.com