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To: IQBAL LATIF who wrote (24716)3/26/1999 10:06:00 AM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
McClellan Summation Index Hinting At Dow Support Break...
decisionpoint.com

Ike:

With the turning down of the McClellan Summation index the other day, it hinted at continued weak market breadth... This reflects all those Advancers vs Decliners over time... A declining Summation index cannot support a rising market for long... Dow 9750 is now support both technically an pyschologically...
decisionpoint.com

A break below that brings 9600 and 9250 into play... Staying above 9750 is necessary for psychological support...

The oil services sector is getting hotter... Stocks like RDC an GLM should do well...

Jim