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ND 100, which I do watch, is leading the S&P. The McClellan Oscillators on
both NYSE and NASDAQ appear to be rolling over which is to be expected due
to fact that McOsc declined to such extreme levels during recent decline -
one should be watching for a high bottom in the McOsc. The VIX hit level on
Wednesday where reversals often take place.
Earl
----- Original Message -----
From: <MRLYNNG@xxxxxxx>
To: <Realtraders@xxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxx>
Sent: Friday, August 27, 1999 12:20 AM
Subject: Re: Gen:NASDAQ Advance Decline
> In a message dated 08/26/1999 10:10:49 PM Pacific Daylight Time,
> rmac@xxxxxxxx writes:
>
> << The attached chart should not be veiled by anybody with a heart
> condition, or even worse, by anybody with substantial long positions in
> NASDAQ Stocks.
>
> Ron McEwan >>
> ******************************
> If the S&P goes to new highs as I expect, I believe the Nasdaq may do it
> also. However, I do not follow the Nasdaq so take this with a grain of
salt.
> Lynn
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