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FWIW I have eye-balled the 30 Dow stocks individually and assigned each a scoring on a scale of -2 to +2, based on some of the common oscillators. The score was -37, with only three stocks earning a +1. Looks like it will be a couple of more weeks before any significant turn can take place.
This was a very subjective look at them, but I am thinking of some rules to mechanize the process. (I'll put it on my project list for the week, umm month?, ummmmm year?)
Jim Perry
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