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To: donald sew who wrote (48277)	7/22/1998 8:25:00 PM
From: Daveyk	Read Replies (1) \| Respond to of 58727

Don,I've never posted to you before but would like to say thanks for your Index Updates and fine insight.I also follow new highs versus new lows and accordingly am now 60% cash and intending to raise more on next rally.Nice to see confirmation from others and believe me we're the minority.Not sure how deep this will go but at least I'll have dry powder this time.Thanks again for sharing your work. Regards,Dave

To: donald sew who wrote (48277)	7/23/1998 9:47:00 AM
From: Barbara Barry	Read Replies (2) \| Respond to of 58727

Don, I wonder if there is a place to get a total of new h/l's on the exchanges?The % of NL's might be real scarey over the last three months!I know there are charts on that but I don't know how to get the actual numbers or %. People's comments on the a/d line and "tricky" weighting has been very enlightening.That coupled with your H/L sure seems more helpful these days than the vix,vgy or trin in analyzing the "health" or lack of in this market. Regards, Barbara