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PureBytes Links
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There was some an interesting observation in the "Heads Up" section of
Avid trading.
Whenever 85 % of the stocks dropped below their 20 day moving
average the market exploded upwards. This happened recently in
Nov/94, Aug/96, and Apr/97. .....and now Oct/97
After this type of decline the market moved up THREE TIMES MORE than
the decline. So if the pattern holds up, this recent 1200 point decllne
since August points to Dow 10,000
Time will tell....
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