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To: John Pitera who wrote (32076)4/9/1999 3:56:00 PM
From: bill meehan  Read Replies (2) | Respond to of 86076
 
Yeah, but ALL of yesterday's advance was in the last 15-minutes, and the overwhelming majority of today's gains have come since 2:00. Just seems very strange.



To: John Pitera who wrote (32076)4/9/1999 4:10:00 PM
From: Wildstar  Read Replies (2) | Respond to of 86076
 
John,
Interesting post. We are at the top of the 9-month cycle and if the indices don't break down here, we could see the end of the mini-bear for the "average stock." If that happens, we could have an explosive rally.

I saw a guy on CNBC a couple of weeks ago who said that when the indices and breadth diverge, the indices almost always head down before breadth improves. But with the RUT move today and the A/D line improving, I'm not so sure.