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RE: NYSE Unchanged data



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At 09:43 PM 01/22/98 +0000, you wrote:
>Bottom line is that people should be cautious about using market
>breadth indicators that rely on NYSE Advances, Declines, or Unchanged
>data from the middle of last year.

 Yes, but wouldn't the number of declines also increase? Therefore the ratio
 of advances to declines should not change that much, if at all. I'm speaking
 theoretically, I did not take a close look at the data.

 -- john --  ( MS 5.11 & DOS, TechniFilter Plus 7.1.5 )