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To: donald sew who wrote (57405)	11/14/1998 7:34:00 PM
From: HairBall	Read Replies (2) \| Respond to of 58727

donald: Ok, I took a look and appears you are right! Of course, I am doing it with a sore neck...so I looked quickly...<g> This supports your expectations. Time will tell if the pattern holds. I suspect next week will speak and let us know if the Bear or Bull has got the ball. Hup, Hup...<g> Regards, LG

To: donald sew who wrote (57405)	11/14/1998 8:41:00 PM
From: set	Read Replies (1) \| Respond to of 58727

re: new highs/new lows 87 after the crash and most of 88 appear to meet the criteria here. However that seems to have been a period of generally low activity, as if the market was in shock for a long time. Note that a declining slope of new highs, particularly in the periods you're looking at such as 12/73, is a predictor of more down. But in a period like 5/80, a rising slope preceded a further rally. These charts have pretty low resolution. Am I looking at the right areas? Shahar