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To: May Tran who wrote (3502)10/10/1998 9:43:00 PM
From: Victor Lazlo  Respond to of 40688
 
But consider this:

Fri saw a 2.6% increase in the SP 500
A 5.2% increase in the NASDAQ (an unbelievable spike)
yet: There were more than 700 new 52-week lows;
there were only 12 new highs, half of them utilities.

Not a good sign for the markets.

Victor


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