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Earl,
New 52 Week Highs & Lows concur also--
NYSE NASDAQ TOTAL
HI LO HI LO HI LO
07/28 7 240 20 242 27 482
07/29 14 193 19 201 33 394
07/30 19 115 21 154 40 269
07/31 12 209 21 164 33 373
08/03 12 267 21 282 33 549
08/04 5 409 10 436 15 845
08/05 5 426 3 419 8 845
08/06 10 217 7 218 17 435
08/07 24 86 12 110 36 196
08/10 8 70 15 29 23 99
08/11 8 381 12 407 20 788
08/12 18 116 17 129 35 245
08/13 17 184 16 164 33 348
08/14 16 *238 18 *231 34 469
* Significantly less new Lows compared to last two tests of SPX 1057 area on
8/5 & 8/11.
(now, if Monica doesn't blow the bottom out - so to speak :)
______________________________________
At 07:46 AM 8/14/98 -0600, you wrote:
>My daily McClellan Oscillators on both the NYSE and NASDAQ are
>suggesting that a bottom is in for now, so as negative as the trends look, we
>are likely on the cusp of a good rally here.
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