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To: John Pitera who wrote (33494)4/14/1999 6:47:00 PM
From: Lucretius  Read Replies (2) | Respond to of 86076
 
17 to 12 positive breadth.. gee we should have a bull party -g-

have we sunk this low that we excited and bullsih cause of a couple days of positive breadth??? that's just another sell signal to me... even the bears are getting long.. good grief.

A/D line always makes a final hitch up to fool the suckers (and particularly in this case since this entire mkt is run by technicians.. why else would you buy stocks at these levels?).... By definaition, anyone who invests SOLELY on tehcnicals is a clown and thus doomed to be screwed in a major change of direction due to the fact that moest everyone is a technical traders these days.

the days leading up to a crash AREN'T obvious.. that's why there's a crash....

wacth the UTIL and bond (Dollar will selloff AFTER the bond breaks)

BTW- I wouldn't be shocked if tomorrow was positive breadth also, but the indexes sold off.