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To: Joseph G. who wrote (2125)6/10/1998 4:12:00 PM
From: Cynic 2005  Read Replies (3) | Respond to of 86076
 
Today's H/L numbers
NYSE: NH ~40; NL ~135
Naz: NH ~35; NL ~165
cbs.marketwatch.com
The NH-NL difference was back to negative yesterday. Despite Fri and Monday's positive showing, this now indicates a steep correction in the next few days. When I see the NH-NL close to 2000, I will think that a local trough has reached. Until then, they will keep on fishing for the suckers.

-MMV



To: Joseph G. who wrote (2125)6/10/1998 4:27:00 PM
From: MythMan  Read Replies (1) | Respond to of 86076
 
May explain UTX. Selling accelerated across the board after jury verdict

United Technologies (NYSE: UTX), maker of Carrier air conditioners and Otis
elevators, slumped $1 3/4 to $89 3/16 after an Air Force general told
Aviation Week & Space Technology that the firm's Pratt & Whitney engines may
be replaced on the F-15E fighter jet in favor of power plants made by
General Electric (NYSE: GE).


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