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To: donald sew who wrote (48999)	8/2/1998 1:01:00 AM
From: Saulamanca	Read Replies (1) \| Respond to of 58727

It is not unusual for the market to hit new highs without the A/D line confirming and that alone is not enough to think a top is being put in. What makes it different this time is from August/95 to March/98 both the A/D line and the market were moving together as one and in March the A/D line starts to break down and fails to make new highs as the NYSE makes new highs in July. It is this de-coupling that makes this divergence significant. decisionpoint.com --Jim