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To: GROUND ZERO™ who wrote (21011)4/14/1999 1:30:00 PM
From: Patrick Slevin  Respond to of 44573
 
Interesting point. I chart the ratio intraday and a short while ago it peaked at roughly 2 to 1 Advances over declines.

Certainly, coupled with a stat I have regarding the Gap Open this morning (largely difficult to understand, lets just say it's a positive stat) the afternoon points to higher prices based on it.

Hard to believe, as I would think it would take time for Shorts to re-position before the market were to move much higher.

I see Ike's downside support on DOT is breached slightly.



To: GROUND ZERO™ who wrote (21011)4/14/1999 2:14:00 PM
From: yard_man  Read Replies (1) | Respond to of 44573
 
I think 11K is now in doubt ... two days of divergence of the NAZ, S&P from the DOW and it is getting worse ... good luck