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To: bill meehan who wrote (29981)4/2/1999 12:13:00 PM
From: John Pitera  Respond to of 86076
 
Bill, I could tell you had a few more licks in you -g-

speaking of new highs and new lows yesterday was the fourteenth consecutive
day, where there were more new lows than new highs on the New York Stock Exchange,
and for the 38th day of the past 41 days, there were more new lows than new
highs. In fact, since January 12 of this year, almost three months ago,
there have been only nine market days with more 52 week highs than lows.

Considering that since Jan 12th the DJIA has made made 6 new all time highs, it's amazing that new lows have been as numerous as they have been.