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Negative Leadership Composite



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At the risk of eliciting catcalls, moans and boos at the mention of
his name, I will throw this out FWIW.  Jim Stack says his long term
Negative Leadership Composite (based on New Highs and New Lows) is
likely to go negative next week.  He interprets this as an 85%
likelihood of a full blown Bear Market.  He says the internals are the
worse they have been in three years.