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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?


To: Wally Mastroly who wrote (7585)9/3/1998 2:39:00 PM
From: DD™  Read Replies (3) | Respond to of 42834
 
"As pointed out by others - on various threads - bull market can't resume until highs start exceeding new lows again...... "

There has been so much technical damage done to this market that it will really be an uphill battle.

There are so many more stocks right now trading near their 52-week lows that there are trading near their highs that even the slightest down day will show a long list of losers.

Conversely, an up day will not show a very long list of new highs.

DD



To: Wally Mastroly who wrote (7585)9/9/1998 2:37:00 PM
From: Wally Mastroly  Read Replies (2) | Respond to of 42834
 
Not a great day for market breadth -from another thread:

For highs vs lows - kinda looks like there's blood in the streets lately...

Message 5703791