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Good pick-up R.E.Turner. I too follow Worden's advance-decline line and I
noticed it was approaching a previous bottom but I wasn't aware the other
bottom was Oct. 8th. I've reviewed the chart and the current picture looks
very similar to the double bottom of 1-12-98 and 6-4-98. What happened after
that retest......the market raced up about 10% while the ADL went nowhere -
then we had the bear market of 1998. I think something like this could happen
again (if we stop talking about it).
Best Regards,
Jerry Rehert (grehert@xxxxxxx)
Atlanta, GA
@ 02:21 pm, February 7th, 1999
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